Monkey story stock market
Once upon a time a man from city migrated to a small village. He then opened a shop and told villagers that , “I will buy monkeys for Rs 100 each.”
The villagers were surprised and thought this man has lot of money and doing some charity, some thought the man is mad!
Since there were many monkeys in the forest, the villagers caught them and sold them to the man as Rs 100 each!
This happened for a few days, at the start only a few villagers caught the monkeys and sold. Looking at the easy way making money, many villagers joined later and made a lot of money selling monkeys at Rs 100!
The heard mentality starts here!
As the supply of monkeys diminished, the villager's efforts slowed, so the man offered them Rs 200 each.
This is how greed starts!
Getting double the price the effort villagers doubled, now they were willing to get monkeys from other villages!
They renewed their efforts but the supply of monkeys diminished further, so he increased his price to Rs 300.
After a while no one could even find a monkey in the forest.
Stock is in upper circuit!
This is called FOMO - Fear of missing out!
The man increased his price to Rs 500, but announced, Since I must go to the city on business, I authorize my assistant to buy monkeys on my behalf.
As soon as his boss was gone, the assistant told the villagers, My boss has collected lots of monkeys. I’ll sell them to you for Rs 350 and then, when he returns, you can sell them to him for Rs 500.
This is called future pricing the earnings!
Signs of promoter trying to buyback!
The villagers rounded up all the money they could and bought as many monkeys as possible. Then they had monkeys everywhere…
… but they never saw the man or his assistant again.
Welcome to the stock market operator business!
Comments
Post a Comment