BIG 0.00% $2.22 big un limited

thanks ctindale

  1. 1,538 Posts.
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    Ctindale my friend,

    Thanks for your response.

    These are some fib stories:

    An old friend told me 2 stories that happened in an Asia country where he used to live and work:

    1)In 1950’s, a Chinese boss opened a new shop. He sent his messengers to the market, telling everyone that the Chinese want to buy “dried lizard tails� as many as possible. They need those tails to make Chinese medicine for men. That caused price moving up daily. The Chinese boss and his men kept buying dried lizard tails at front door and quietly but happily selling thought the back door to make good profit. Approx 2 months later, after selling most of his lizard tails, the Chinese boss stoped buying, closed his shop and disappear. The so called “long term investors� kept holding the rotten tails; hoping and believing that the Chinese men will come back and buy those tails again (!)

    2) Twenty years later (1970’s), other Chinese men wanted to buy quail and its eggs as many as possible . The "new theme" was that “quail meat and egg is good for men and women.� The “quail market� became hotter everyday. Then, a year later, Chinese men left, no more buying. The “long term investors� ended up to eat their quail and payed a big debt.

    4) Not long ago, after George Soros pumpep up and left, “Dragon market� in Asia became “snake market. “Tech wreck� in 2000 is also same story.

    5) Citicorp (just ceasing to be a substantial holder) and director sold shares. Then more oppies exercise and …..for what? Hold or Sell?

    Any way, hope all the above is not true and/or fibs (!)

    Good luck to you all





 
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