That's why it's dangerous to average up a monkey stock :D... Just as pak SB told us, why buy at high price when there are still a lot more other good stocks with low price :P
On Feb 20, 2008 8:38 AM, Hendra Santosa <[EMAIL PROTECTED]> wrote: > Another one: > > > > Once upon a time in a village, a man appeared and announced to the villagers > that he would buy monkeys for $10 each. > The villagers seeing that there were many monkeys around, went out to the > forest, and started catching them. > The man bought thousands at $10 and as supply started to diminish, the > villagers stopped their effort. He further announced that he would now buy > at $20. 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 increased to $25 each 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 $50! However, since he > had to go to the city on some business, his assistant would now buy on his > behalf. > 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 $35 and when the man returns from the city, you can sell them to > him for $50 each." > The villagers rounded up with all their savings and bought all the monkeys. > Then they never saw the man nor his assistant ever again, only monkeys > everywhere! > > Now you have a better understanding of how the stock market works. > > Summary: don't buy monkey stock hehehe :D
