A podcast for those wanting to learn or improve their English - great for any ESL or EFL learner. Visit us at http://www.eslpod.com.
November 3rd, 2014
Episode 157 of 489 episodes
Make millions of dollars in the stock market! Find out how in this episode. Slow dialog: 1:27 Explanations: 3:42 Fast dialog: 15:34 Zoe: What are you looking at? Midas: It’s the prospectus for Boogle’s IPO. I wish I could get in on the initial public offering, but since I can’t, I’ll buy stock as soon as the company becomes publicly traded. Zoe: I’m not really familiar with how the stock market works. You mean you’re going to buy shares in Boogle? Midas: That’s right. An IPO is a way for a privately owned company to become a publicly owned one. The owners of the company do it to raise capital, or sometimes it’s for early investors to cash in. Zoe: Why can’t you buy stock in the initial public offering? Midas: A company like Boogle works with an underwriter, like a major investment bank, to help set the share price and to find buyers for the initial offering. Zoe: Okay, I’m following you so far. Midas: Well, that first sale of stock is usually done in bulk, and I don’t have a few million dollars lying around to buy that much stock. Luckily for me, those first buyers then turn around and sell that stock in smaller amounts. Zoe: And that’s when you’ll buy. Midas: That’s right. You should get in on it, too. Zoe: You mean buy some Boogle stock? Midas: Sure, why not? Zoe: And risk losing my shirt? No, thanks! Script by Dr. Lucy Tse
In a time where we're all threatened by a rhetoric of hate from the people in power; A Gay And A NonGay challenges many of our differences head on and promises that no matter who you are, or what you're into (Bruce Springsteen or Britney), love is love and gay and nongays can be friends. Contact us on Twitter @gaynongay