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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Lorne Larson who wrote (1084)6/12/2001 10:27:46 PM
From: Peter W. Panchyshyn  Read Replies (2) of 11633
 
Mayer: Good point. I had never really connected the dots on the acquisition/subsequent new issue formula. Right now
we have Viking in the process of a take-over of BXL, and NCF in the process of a take-over of MGY. If the formula holds
we are likely to see new issues by VKR and NCF about a month after closing - which would mean near the end of July.
How about taking this thinking one step further and shorting them both (after they go x-dividend for the July payment).

-------------------- I don't understand you here. In the previous posting you said what the brokers (institutions) do is illegal and wrong. Stan has said that what I have done with trusts maybe quite not legal as well. His exact words to the effect were he wondered how much of what I had made was legal. Now with this as a backdrop you say in the above you had not made the connection. And now making that connection you say further someone might wish to short them. Is all of this talk of yours Fair to joe average investor? He may not be privy to what you have deduced. If you are successful are you then doing something illegal? Joe average may think so. So who is right and who is wrong? Or is it as I have said before just a matter of degree? The institutions they have so much they should be limited. I made so much already that should be enough. Now what its your turn? Well what about joe who bought the trust in question AY at $13.50? How fast you forgot about him. Fairness is an illusion with no place in the market. Just an observation!!!!!!!! ------------------------------------------------------------------------------------------------

Peter
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