Aus, actually, there is another version of that joke, it goes like that: two funds were trading SNDK stock, fund 1 sold at $80 to fund 2, fund 2 then sold at $100 to fund 1, then fund 1 turned around and sold it back to fund 2 at $120, and every one was happy making profits. They kept selling to each other until they raised the stock's price to $169, and fund 2, the then happy owner, turned around and sold it to bag holders. Fund 1 turns to fund 2 and complained, what have you done, you killed the nice profitable business we had going...
Zeev |