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

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To: Peter W. Panchyshyn who wrote (3517)	6/23/2002 9:54:12 AM
From: Lorne Larson	Read Replies (4) of 11633

Entirely true to form. Arrogance combined with almost unbearable stupidity. I will use your numbers in the hopes you can understand. Alternative A: You buy 1000 shares of PWI at $7.00 for an investment of $7000. It drops to $5.95. You hold it. It is now worth $7.04. You have a gain of $40.00 from your original investment of $7000. Alternative B: You buy 1000 shares of PWI at $7.00 for an investment of $7000. It drops to $5.95. You sell it and use your $5950 to buy 721 shares of PVE at $8.25. PVE is now worth $10.60, so your 721 shares are worth $7642, for a gain of $642.00 from your original investment of $7000. In your examples you calculate PWI's gain from a $5950 starting point, and calculate the other examples from a $7000 starting point. This is either plain stupidity or intentionally misleading. I've calculated both examples from the same starting point, namely the original $7000 investment. You're WRONG Peter. That terrible, ugly, word which drives you crazy. Now you can spend the rest of the day confirming over and over again how incredibly stupid and arrogant you are. Let's hear it.

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