A stockbroker was cold calling about a penny stock and found Bob. "I think this one will really move," said the broker. "It's only $1 a share." "Buy me 1000 shares," said Bob. The next day the stock was at $2. Bob called the broker and said, "You were right, get me another 5000 shares." The next day when Bob checked in the paper, the stock was at $4! He ran to the phone and called the broker, "Get me 10000 more shares!" "Great!" said the broker. The next day Bob looked in the paper and the stock was now selling for $10 a share! With all his purchases, Bob had made over $100,000 in just 4 days! Excited, Bob called the broker and said, "Sell all my shares! I want to cash out." The broker replied, "I would, but to whom? You were the only one buying that stock." |