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26th October 2007
Once upon a time in a village, a man appeared and announced to the
villagers that he would buy monkeys for Rs10.
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 Rs20. 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
Rs25 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 Rs50! 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 Rs35 and when the man returns
from the city, you can sell it to him for Rs50." The villagers squeezed
up with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant, only monkeys
Welcome to the "Stock" Market!!!!!
12th August 2008
From India, Bangalore
Try this website.I found it very useful
Indian Stock Market News::buzzing stocks::bonus issues::rights issues::stock splits::stock market investment::equity investments::sub division of shares::stock tips::stock trading::mutual funds::multi baggers::stake sale
12th August 2008
From India, New Delhi
Good work Praveen... how true... Its all monkey business after all... ha ha ha.. lol.. :-P
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indian stock market
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26 October 2007 03.41.59 PM
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