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

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To: Lorne Larson who wrote (3520)6/23/2002 2:05:56 PM
From: Peter W. Panchyshyn  Read Replies (1) of 11633
 
Message 17601801

--------- Now from this post we have you claiming """"Fact of the matter is that switching from PWI to just about any other oil and gas trust would have made you money."""""""

-------- From my post
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we have using the real past trading numbers for the trusts """""----- L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys ERF which at the time of the switch ,mid dec ,is $24 which gives him 248 units. ERF is now $26.95 He now has $6681 6681 - 7000 is -$319 or -4.6%.-------
----- Lets do another. L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys NAE which at the time of the switch, mid dec, is $9 which gives him 661 units. NAE is now $9.85. He has $6512 6512-7000 is -$488 or -7.0%. -------
----- Yet another, L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys PVE which at the time of the switch , mid dec, is $8.25 which gives him 721 units. PVE is now at $10.60. He has $7645. 7645 - 7000 is +$645 or +9.2%.-----"""""

------ Now your claim was that for just about all trusts you listed a person would have made money switching. Well clearly 2 out of the 3 would have lost money according to the real trading numbers at the time of the switches. YOUR WRONG. -----
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