Saturday, February 20, 2010

How do Operator's Make Scrip's go Bannana's

This is a nice short story i picked from traderji.com
Gives us lesson at the end of the day just like in a game of Black Jack, it's the dealer who make's the money.... same is the case of operator driven Penny Stock

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 to buy the monkeys.
Then they never saw the man nor his assistant, only monkeys
everywhere!!!!