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FINANCIAL CHRONICLE™ » FUN CHRONICLE™ » Monkeys Everywhere........

Monkeys Everywhere........

2 posters

Go down  Message [Page 1 of 1]

1Monkeys Everywhere........ Empty Monkeys Everywhere........ Thu Sep 05, 2013 9:52 am

kcrRanz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs 10.

The villagers started catching the monkeys. The man bought thousands of monkeys at Rs 10 and as supply started to diminish, the villagers stopped their effort.

He further announced that he would now buy at Rs 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 rate increased to Rs 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 Rs 50 ! 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 Rs 35 and when the man returns from the city, you can sell it to him for Rs 50."

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 !!!!

2Monkeys Everywhere........ Empty Re: Monkeys Everywhere........ Thu Sep 05, 2013 9:41 pm

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kcrRanz wrote:
The man now announced that he would buy monkeys at Rs 50 ! 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 Rs 35 and when the man returns from the city, you can sell it to him for Rs 50."

Not only Monkeys everywhere, there are donkeys too !
How could they believe the assistant could sell the owners monkeys ? That's fraud (or stupidity).
sound familiar - PC Group, TWOD, CIFL ? Smile

3Monkeys Everywhere........ Empty Re: Monkeys Everywhere........ Thu Sep 05, 2013 10:28 pm

kcrRanz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
HVA , EAST , REG also ?

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