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

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To: Lorne Larson who wrote (2496)1/23/2002 5:09:39 PM
From: Peter W. Panchyshyn  Read Replies (1) of 11633
 
I shorted NCF at $10.80 and covered at $14.80? I'd love to see the posts backing that up. And how many hours did you spend reviewing my posts in order to try and piece that together? Pathetic.

--------------- You having trouble reading what was said in that posting ( # 2494 ) """"""""""""Adding up your realized gains and realized losses from your documented postings of the last 9 months shows clearly you have more losses. Its just the extent of those loses which is unclear. Though in the case of your one short of NCF ( when it went from $10.80 to $14.80 ) could be as high as 40%"""""""""""". You can always supply us with the exact documented post that shows exactly what the real realized loss was. As I said you have never been forthcoming about your actual results. You only expect us to just disregard them. As if they never happened. Well they did happen and they are documented. And as I said the extent is unclear. You can very easily make it all clear to everyone. BUT YOU NEVER WILL. I challenge Graham just recently on his outrageous claim of over the holidays with PWI. He asked for me to supply my evidence. And I did. By detailing his past postings and the timeline of the fall in PWI. I gave him every opportunity for him to counter. Instead of countering he ran away with his tail between his legs. Your all alike you make the grandiose claims but when it comes to backing yourself up well you can't or won't. In either case it shows you for what you are. And this doesn't take me hours I have had very good training and experience at discussion and debate, been doing it a long time. And the only thing PATHETIC is an amateur passing himself off as some kind of superior professional just to run a con game. -----------------------------

By the way, I would be interested in knowing if you would ever, under any conditions, sell an oil and gas trust at a
loss? Think long and hard before you answer this one.

------------ As I have said before ,I do a lot of "investigating and research" before I invest. I look at all the information. I do not disregard anything. And I use or follow a detailed methodology or approach. All that ensures that I do not make a mistake. Also I do not let emotion , fear anger or the like guide my decisions. Its all a weighing of the evidence. And I do not second guess myself or my method or worry about the very short term. And I am a firm believer in there is always a way to turn anything unexpected that may occur into something benefical as long as you remain calm and focused. Now to get to the point I have "sold" trusts though that is probably not the right word. As with my luscar (documented in the past postings) I was sure of its turn around (reasons for why I bought in first place hadn't changed) though did not know when or how things would actually turn out (had some ideas). When Sherritt finalized its take over. It no longer fit into my plans so I got out. On other occassions I have had trusts being taken over by other trusts stayed pat for the most part seeing no reason to sell though technically wasn't in the same one anymore. And I had one or two being taken over by private companies so I ended up getting paid out though that wasn't my call. In every case though never had a realized loss because when in them I was accumulating as I have been now. And circumstances were favorable at least at the close (like LUS) and was able to take advantage of the pre close disturbances. Though some may call it dumb luck. Maybe a small part of it was. But the majority was because of the hard work I put into my method. Now my sense with this is you will be jumping up and down saying look look he sells he sells. TAKE A PILL. Oh and I have to admit that I do live off the income and have on occassion taken some ( again part of monthly income ) mostly at the high end of the cycles (though not always) for some indulgences along the way. But when you see something you just have to have sometimes it is just too hard to resist. Just to summarize would I ever sell at a loss? Firstly I would have to believe that there was real reason to. Haven't seen that come about yet. For the one's that I am in. But rest assured it would be revealed here. As I do document what I have and do do
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