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Welcome To The Stock Market...!!!!! - Investment - Nairaland

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Welcome To The Stock Market...!!!!! by Nobody: 5:22pm On Sep 22, 2012
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for 10k .

The villagers seeing that there were many monkeys around, went out to the forest and started catching them .

The man bought thousands at Rs10 and as supply started to diminish, the villagers stopped their effort .

He further announced that he would now buy at 2k0 .

This renewed the
efforts of the villagers and they started catching monkeys again .

Soon the supply diminished even further and people started going back to their farms .

The offer rate increased to 25k and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!

The man now announced that he would buy monkeys at 50k!

However, since he had to go to the city on some business, his assistant would now buy on behalf of him .

In the absence of the man, the assistant told the villagers .

Look at all these monkeys in the big cage that the man has collected .

I will sell them to you at 35k and when the man returns from the city, you can sell it to him for 50k . '

The villagers squeezed up with all their savings and bought all the monkeys .

Then they never saw the man nor his assistant, only monkeys everywhere!! !

Welcome to the ' Stock' Market!!!!!
Re: Welcome To The Stock Market...!!!!! by austinsmat(m): 7:21pm On Sep 22, 2012
pls what is the meaning of this write up
Re: Welcome To The Stock Market...!!!!! by jamace(m): 8:36pm On Sep 22, 2012
LWKMD grin

Very funny, but why not post it in the Jokes Section?
Re: Welcome To The Stock Market...!!!!! by Nobody: 8:45pm On Sep 22, 2012
101% nonsence
Re: Welcome To The Stock Market...!!!!! by sellydion: 11:10am On Sep 25, 2012
Really you have a great ideal about stok market. Especially what is comimg up now about the market makers.
Well done for the good illustration. Hope we will all be careful not only to make the man and his assistant rich and the people poor
at the end. The market is rule by greed and fear.

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