Book:
Play Book.
Chapter 4 - Episode 3
Part (2/3)
Phase6: "Dumber dumb"
Now we show you our real intentions, we start buying back but this time we have increased our margin, we no longer have 200M on hand, we have 204M.
Remember the 8% we made? we now will drive the asset up to a higher price, 1.4/1.5$ using our own money.. at this period, it became clear to you (retailer) that you missed a chance to ride that red Ferrari, so "FOMO" kick back in again, you start buying back, but this time not at 1$ price, nah at 1.4/1.5$ per (A)
and guess who you buying from now?
Yup, Us!
Phase7: "spilling some honey"
We Will continue driving the price higher, buying and buying and buying, repeating the same process we made earlier that brought us 8% increase in our margin, and during this period of repetition, the price will continue to attract more bees, bees who are just looking for some honey, bees will start pouring their life saving money into a highly valued asset that was once being sold at 1$, they will use the money that they already lost a portion of it -during phase (5)-.
Now they went all in with their Life saving, they helped us greatly, our 204M alone would have only drove the asset up by 25% but with their help, now the asset is being traded at a "premium price" of 3$.. a substantial increase of 200% of the original price.
Phase 8: "Algorithm"
You know the saying "Money makes money"?
Yes we represent it, we have used our money to hire smart people to create us bots to do the previously explained phases, without us even intervening, our algorithms told us our average purchase price of the asset is now standing at only 1.7$, while asset (A) is being traded at price of 3$, a staggering 60% profit if we decide to empty our bags now.
-To be Continued-
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Author:
Smart Money 👽
