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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: myturn who wrote (65255)9/27/2000 8:20:45 PM
From: wayne  Read Replies (1) of 150070
 
THE TRUTH ABOUT INVESTMENT TERMS

STOCK: A magical piece of paper that is worth $33.75 until
the moment you buy it. It will then be worth $8.50.

BOND: What you had with your spouse until you pawned
his/her golf clubs to invest in Amazon.com.

BROKER: The person you trust to help you make major
financial decisions. Please note the first five letters of
this word spell Broke.

BEAR: What your trade account and wallet will be when you
take a flyer on that hot stock tip your secretary gave you.

BULL: What your broker uses to explain why your mutual
funds tanked during the last quarter.

MARGIN: Where you scribble the latest quotes when you're
supposed to be listening to your manager's presentation.

SHORT POSITION: A type of trade where, in theory, a person
sells stocks he doesn't actually own. Since this also only
ever works in theory, a short position is what a person
usually ends up being in (i.e. "The rent, sir? Ha ha ha,
well, I'm a little short this month.").

COMMISSION: The only reliable way to make money on the
stock market, which is why your broker charges you one.

YAK: What you do into a pail when you discover your stocks
have plunged and your broker is making a margin call.
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