Grey Market Premium: The Insider's Guide · Chapter 6 of 10

Pitfalls and Manipulation

Quotes can be influenced

Because the market is small and informal, a few participants can influence the quoted premium to attract applicants.

Paid promotions and tips

Treat social-media tips and Telegram groups with suspicion. Unsolicited advice that guarantees gains is a warning, and so is anyone selling GMP calls.

Stale numbers

Websites often copy numbers from one another, so an error spreads fast. If three sites show an identical figure with no source, assume one origin.

Survivorship in screenshots

People post screenshots of GMP calls that worked and quietly delete those that did not. Judge the track record from a complete log, not from posts.

Key takeaways

  • Quotes can be manipulated.
  • Treat guaranteed-gain tips as red flags.
  • Cross-check with fundamentals and subscription.
  • Beware selective screenshots of winning calls.

Next: Chapter 7. Estimating the Listing Price