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Post Info TOPIC: Beware the MonkeyCon


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Beware the MonkeyCon
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*** Monkeys ***

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 for a monkey.

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 small that it was an effort to even find 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 all their savings and bought all the monkeys. They never saw the man nor his assistant again, only monkeys everywhere!

*** Monkeys ***

 

Wonder if this qualifies as 13th stepping :)

 

 



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MIP Old Timer

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pump-and-dump
adjective informal

denoting the fraudulent practice of encouraging investors to buy shares in a company in order to inflate the price artificially, and then selling one's own shares while the price is high.



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MIP Old Timer

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omg.gif



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'Those who leave everything in God's hand will eventually see God's hand in everything.'



Veteran Member

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Seems I recall the 13th step being a little different......oh wait, I get it lol

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"God can move mountains but it helps to bring a shovel!"

 

 

 

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