Stock Exchange

The STOCK EXCHANGE

A client called his stockbroker and said he wanted to by penny stock that was sure to rise soon. The stockbroker thought a while and said: "I think I have just the one. It's currently at 20c per share and I'm 100% sure it will move up within the next 48 hours"

"Buy me 10,000 shares." said the client.

The next day the stock was at 40c. The client called the broker and said, "You were right, but why didn't you tell me to buy more?! Now it will cost met double as much to buy more shares! Buy another 50,000 shares!"

The next day the client looked in the paper and the stock was at 90c.

The client ran to the phone and called the broker, "Those shares are red hot!! Great investment! Get me 50,000 more shares" said the client.

"Great!" said the broker.

The next day the client looked in the paper and the stock was at R1,50.

Seeing what a great profit he had in just a few days, the client ran to the phone and told the broker, "Sell all my shares!"

The broker said, "To whom? You are the only one buying that stock."