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Our Own Investment Department by Col. Stoopnagle

Devoted entirely to sure-profit securities. Our motto: "not a loss to speak of in two years."

Dear Editor:

Can you explain why the Blank Company's common stock went from 100 to 21, when you assured me that purchase of it at 100 was advisable?

Mabel B. S.

Answer: Mabel, if the stock had moved up to 179 instead of down to 21, you would have been pleased, wouldn't you? So, why spend your time worrying about 79 points now? I think this stock should not go lower unless the supply exceeds the demand.


Dear Ed:

Can you explain for me the meaning of the term ex-dividend?

George Q.

Answer: Yes, we can.


Dear Editor:

I own one share of Fayque Gold Mines, Ltd., common, for which I paid a broker $10.00 commission. It is now selling for $11.00 per share. Shall I take my profit or hold it for, say, $12.00?

Josephine L.

Answer: Sell your stock, put the original $10.00 away in a safe deposit vault and buy General Motors with the balance.


Editor:

You suggested that I buy your service a year ago. Do you still feel that I should do this?

Amy G.

Answer: Send envelope and $7.00 in stamps for confidential reply.


Dear Ed:

What is a put-and-call broker and oblige.

Francis F.

Answer: A put-and-call broker is a broker that puts you in a stock and then calls you up when it rises in price. I never heard of an oblige.


Editor dear:

I am an elderly lady living in the Old Ladies' Home. My husband left me $1000.00, of which I have managed to save $54.13. It is a question as to whether I should go into the market or not. What shall I do?

Mrs. B.

Answer: I would wait until just before the big break, Mrs. B. A self-addressed envelope will bring you a calendar under plain wrapper.


[From Town Tidings, February 1928]

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Page created November 15, 2006.  Copyright 1998-2006 by Richard D. Squires.