A friend just shared with me this stock market story
A lot of monkeys lives near a village.
One day a merchant came to the village to buy these monkeys!
He announced that he will buy the monkeys @ $100 each.
The villagers thought that this man is mad.
They thought how can somebody buy stray monkeys at $100 each?
Still, some people caught some monkeys and gave it to this merchant and he gave $100 for each monkey.
This news spread like wildfire and people caught monkeys and sold it to the merchant.
After a few days, the merchant announced that he will buy monkeys @ 200 each.
The lazy villagers also ran around to catch the remaining monkeys!
They sold the remaining monkeys @ 200 each.
Then the merchant announced that he will buy monkeys @ 500 each!
The villagers start to lose sleep! ... They caught six or seven monkeys, which was all that was left and got 500 each.
The villagers were waiting anxiously for the next announcement.
Then the merchant announced that he is going home for a week. And when he returns, he will buy monkeys @ 1000 each!
He asked his employee to take care of the monkeys he bought. He was alone taking care of all the monkeys in a cage.
The merchant went home.
The villagers were very sad as there were no more monkeys left for them to sell it at $1000 each.☹
Then the employee told them that he will sell some monkeys @ 700 each secretly.
This news spread like fire. Since the merchant buys monkey @ 1000 each, there is a 300 profit for each monkey.
The next day, villagers made a queue near the monkey cage.
The employee sold all the monkeys at 700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!
The villagers took care of their monkeys & waited for the merchant to return.
But nobody came! ... Then they ran to the employee...
But he has already left too !
The villagers then realised that they have bought the useless stray monkeys @ 700 each and unable to sell them!
It made a lot of people bankrupt and a few people filthy rich in this monkey business.
That's how the pump and dump works. Be careful about what you are buying. This happen in many stocks in past.
Hope this will help...
The optimal outcome in each case depends on its specific facts and circumstances. ข่าวบอลล่าสุด
ReplyDeleteTHANK YOU FOR SHARING THIS ARTICLE. IT IS REALLY INFORMATIVE FOR US. YOU CAN ALSO VISIT OUR BLOG Jobs for Pregnant Women
ReplyDeleteThanks for posting this info. I just want to let you know that I just check out your site and I find it very interesting and informative. I can't wait to read lots of your posts. Joe Ephgrave
ReplyDeleteGreat vacation rental owners & managers generate more repeat guests, more referrals, and more 5 star reviews. All of which makes closing new business that much easier, and not to mention, more frequent. starting a vacation rental business
ReplyDeleteGreat write-up, I am a big believer in commenting on blogs to inform the blog writers know that they’ve added something worthwhile to the world wide web!.. Pompa pabrik kelapa sawit
ReplyDeleteWow i can say that this is another great article as expected of this blog.Bookmarked this site.. segala jenis valve industri
ReplyDeleteI can see that you are an expert at your field! I am launching a website soon, and your information will be very useful for me.. Thanks for all your help and wishing you all the success in your business. check valve
ReplyDeleteI wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post. centrifugal pump
ReplyDeleteThese siphons commonly turned at 3600 RPM's. As they ran (or turned), the impeller threw water from back to front which made a vacuum inside the eye (or admission) of the impeller.Slurry Pump
ReplyDeleteI think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. ngoai hang anh
ReplyDeleteThank you so much Love your blog.. bảng xep hạng ngoại hạng anh
ReplyDeleteWonderful article, thanks for putting this together! This is obviously one great post. Thanks for the valuable information and insights you have so provided here. auto accident lawyer colorado springs
ReplyDeletePositive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work. personal injury attorneys in colorado springs
ReplyDeletethis is really nice to read..informative post is very good to read..thanks a lot! increase itunes sales
ReplyDeleteNew web site is looking good. Thanks for the great effort. tetris unblocked
ReplyDeleteI can’t imagine focusing long enough to research; much less write this kind of article. You’ve outdone yourself with this material. This is great content. adult humor books
ReplyDeleteGreat knowledge, do anyone mind merely reference back to it how to twerk
ReplyDeleteThis is my first time i visit here and I found so many interesting stuff in your blog especially it's discussion, thank you. why do wolves howl
ReplyDeleteAwesome and interesting article. Great things you've always shared with us. Thanks. Just continue composing this kind of post. why are cats afraid of cucumbers
ReplyDeletethank you for a great post. when was photography invented
ReplyDeleteExcellent .. Amazing .. I’ll bookmark your blog and take the feeds also…I’m happy to find so many useful info here in the post, we need work out more techniques in this regard, thanks for sharing. star wars cosplay
ReplyDeleteWide Range of Topics: With 23 classes of substance to browse, you could go through hours daily perusing MarketingProfs. What's more, that doesn't consider the webcast, top to bottom promoting aides and video instructional exercises. Leads genereren
ReplyDelete