Archive for the Tag: “Stocks”

I read this elsewhere and had to post it:

Once upon a time, in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.

The villagers seeing that there 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 their effort. He further announced that he would now buy at $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 increased to $25 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 $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 $35 and when the man returns from the city, you can sell them to him for $50 each.” The villagers rounded up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!

Now you have a better understanding of how the stock market works.

I find investing in the stock market just as smart as buying money. You’ve seen the commercials on TV. They sell silver dollars for $25 each Coins, and each silver dollar is worth $1.47 sold as silver and $1.00 if you spend it as money. You spend the $100 now on four of these silver dollars, and when you’re flat broke and have nothing but those silver dollars left Struggle, you have successfully invested your $100 of savings in $4.00 worth of pocket change. It’s not like you can pawn them either. The guy at the pawn shop will look at your four silver dollars and give you $2.75 in cash for it. Much like a stock broker! Victory

WMBA stocks took a severe downward turn amidst transportation worries, dropping 158.31 points (52.75%), closing the day at 141.79.

Stocks are expected to drop another 40-45 points in late Friday trading, marking a total drop of nearly 100 points this month directly attributed to oil prices.

Analysts say this trend will continue until closing Tuesday, where an announcement by WMBA’s CEO and majority stockholder is expected to dramatically bolster stocks.

Investors should be wary, however, as WMBA’s stock has been up and down since it opened in 2002. This surge in stock prices isn’t expected to last long, and senior analysts are predicting another big loss in the coming week.

Todays drop of 158.31 is the single largest drop since rent was due earlier this month.

If you’re still reading, I think it’s only fair to explain that WMBA is Whesley McCabe’s Bank Account, the 158.31 drop because of “transportation worries” was the cost to replace the two rear tires on my car, the 40-45 point drop due to oil prices is because I need to get gas tomorrow, I’m the CEO and majority stockholder and my announcement on Tuesday night will read something like “Hooray! I got paid!”, my paycheck is what will bolster stocks – which are actually dollars, the expected drop is because I have bills to pay, and this post is because I’m bored and broke. Razz

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