| Show A DOLLAR FOR FIFTY CENTS it is an old saying that money is timid and it is a well known fact that the greatest coward on earth is the man with a little means who makes a ridiculous spectacle of himself when he makes an effort to pose as an investor or a speculator more than this he is not only a coward but he loses his head entirely when conditions confront him which call for the exercise of cool judgment and good hard horse sense all that has been said in the above paragraph concerning the asinine qualities of the average small investor has been proven by his acts on the floor of the local stock exchange during the past two weeks within the time limit of this period he has suffered losses and made many sacrifices and all without reasonable cause As a matter of fact he has been giving away a dollar for fifty cents he was a coward because he was afraid to sell when stocks were up and when he could have made a goodly margin of profit later on he disclosed his lack of sense by giving away these same stocks for half their value that he was panic strick en was evident but no cause really existed for his alarm he has been taken in by the dealer who shorts and within a short time he will be wild to buy back the stocks he has sold and at advanced figures indeed were it not for the panicky feeling he has allowed to overwhelm his good judgment he would have jumped at the chance to buy stocks at the figure at which he has been so recklessly selling he should by all rights go way back and sit down he should engage in more quiet pursuits shoveling hay would be the better occupation for him and his class because there is a slump in the stock market there is no good reason to question the real value of a producing and di videna paying mine operation and development continue unabated in the mining camps of the west regardless of the condition of the stock market A dividend of a dollar a share means as much to the shareholder when quotations are low as when they are high and stocks of merit which have been affected by a market are absolutely sure to regain their proper level as soon as the temporary flurry is over it would be laughable if it were not so serious to watch the antics of the small investor during a flurry in stocks to witness his cowardice to see the senseless things he does and to follow his mad rushes onto the flypaper fly paper that the wily broker has so deftly spread out to entrap him and he is a willing victim present conditions cannot last long and the market will soon adjust itself along substantial and proper lines when nen this per iod arrives the in man an who has given 1 away a dollar for fifty cents will then see that he has been making a fool of himself that he has b been een touched because he is easy and that he fie has no bu business siness dealing in stocks anyway |
