STOCK MARKET!!
Once
upon a time in a village, a man appearedand announced to the villagers
that he would buy monkeys for $10. The villagers seeing thatthere 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 theireffort. He further announced that he would now
buy at $20. This renewed the efforts
o...f the villagers and they started catching monkeys again. Soon the
supply diminished even further and people started going back totheir
farms. The offer rate increased to $25 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 $100! 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 $75 and when the man returns from
the city, you can sell it to him for $100 ." The villagers squeezedup
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!!!!!
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