Concept Advisory Services

• Monkey Business

  Posted: May 7, 2008, 8:42 pm by admin

  Once upon a time in a village, a man appeared and announced to the
  villagers that he would buy monkeys for k’sh 500 each.

  The villagers seeing that there were many monkeys around, went out to
  the forest, and started catching them. The man bought thousands at k’sh 500
  and as supply started to diminish, the villagers stopped their effort.
  He further announced that he would now buy at k’sh 1000. 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 k’sh 1,500 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 k’sh 4,500! 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 k’sh 3,500 and when the man returns from the city, you
  can sell them to him for 4,500 each.”

  The villagers rounded up all their savings and bought all the monkeys.
  Then they never saw the man nor his assistant again, only monkeys
  everywhere!

  How many of us whose stock trading imitate that of the villagers? You buy and dispose shares on mere hype and publicity.

   Share your experience on a stock you bought cauze of the hype and what was the outcome.

Blah blah blah

Fish cakes

Alas a fish cake.

Yet more fish cakes

Guess what ... yeah ... fish cakes.

The end of the fish cakes