How does the stock market work?

A stockbroker was cold-calling about a penny stock and found a taker.

"I think this one will really move," said the broker, "It's only $1 a share." "Buy me 1,000 shares," said the client.

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The next day the stock was at $2. The client called the broker and said, "You were right, give me 5,000 more shares."

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The next day the client looked in the paper and saw the stock was at $4. The client ran to the phone and called the broker, "Get me 10,000 more shares," said the client. "Great!" said the broker.

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The next day the client looked in the paper and saw the stock was at $9. Seeing what a great profit he had in just a few days, the client ran to the phone and told the broker, "Sell all my shares!"

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The broker said, "To whom? You were the only one buying that stock."

pic courtesy : http://0.tqn.com/d/beginnersinvest/1/0/i/K/stock-broker-stock-trading.png,