Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy Monkeys for 100 each.
The villagers were very happy, after all there were hundreds of Monkeys in a nearby forest.
They caught the Monkeys and got them to the rich man. He bought hundreds of Monkeys and paid 100 for every Monkey the villagers gave him.
They began to make a living out of getting Monkeys from the forest and selling it to the rich man.
Soon, the forest began to run out of monkeys that were easy to catch.
Sensing this, the rich man offers 200 for every monkey. The villagers were ecstatic.
They went back to the forest, set up traps and caught the monkeys and got them to the rich man.
A few days later, the rich man announced he would pay 300 per monkey.
The villagers began climbing trees and risking their lives to catch monkeys and get them to the rich man – who bought them all.
There were no Monkeys left in the forest!
One day, the rich man announced he would like to buy more monkeys – this time for 800 each.
The villagers couldn’t believe this. They were desperately trying to get more monkeys.
Meanwhile, the rich man said he had to go back to the city on some business work and until he returns his manager would deal on his behalf.
Once he left, the villagers were unhappy. They were making quick and easy money from selling monkeys, but the forest no longer had monkeys.
This is when the manager of the rich man stepped in.
He made an offer the villagers could not refuse.
Pointing out to all the monkeys that the rich man had caged. He told the villagers he would sell the monkeys for 400 each.
“Sell them back to the rich man at 800 each when he comes back” the manager said.
The villagers were over the moon. Buy for 400 and sell for 800 in few days. They had just found the easiest way to double their money.
The villagers collected all their savings and even borrowed money.
There were long queues and within a few hours, almost all the monkeys were sold out.
Unfortunately, their happiness did not last long, as the manager went missing the next day and the rich man never came back.
Many villagers kept the monkeys with them, hoping the rich man would come back. But soon, they lost hope and had to let the monkeys back into the forest as feeding and taking care of the noisy monkeys became extremely difficult.
listen to me, still have opportunity to buy bcoz yday was the 1st day uptrend, very far from resistance, morning as normal is frenzy, can buy afternoon when contra trader sell
saudi cut will last for 2 mths and US investory very low, they have to import oil now, thats why oil rally
goldman target brent at usd65 this march, they will make it happen bcoz they have hedging and futures trade to make profit out of it
the most important factor is this month petron will release qr and it will >100m !! boom !!
and in the subsequent qr, where oil sustain >60usd where most country has reach >60% vaccination, demand will rise more when border open and jet fuel pick up
you know what... if you cant make big money in o&g this round, you wont able to make it in years to come when EV start dominating the road
4.50 is not safe enough? already earn 20c if short trade _______________ apple168 We aim good and solid margin of safety! Do enjoy your day dreaming, Blackstorm!
Looking at the high Covid-19 number + mco extension, poor petrol consumption locally + huge economic recession around the corner, don’t think 4.50 is safe bet!
i run petron station business, make profit bcoz inventory selling at higher price since may last year (there is a pullback but only short term).... thats why you see refinery and petdag make bigger profits prev qr
what you said only based on your assumption
for the economic recession dont be an ignorance, stock market is not economy, pls study by yourself
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apple168
6,236 posts
Posted by apple168 > 2021-01-23 09:23 |
Post removed.Why?