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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Peter W. Panchyshyn who wrote (4296)9/21/2002 7:23:12 PM
From: Lorne Larson  Read Replies (2) of 11633
 
Twisting in the wind a bit are we? Don't try and weasel your way out of this by now stating that your theory was that it is "most always" not better to switch to another trust. I quote directly from your post #3560 of June 25:

Lorne: "You have some more cash to invest and want to again invest in an oil and gas trust. Why would you at that point not analyze which trust is the better investment, just as you did when you first bought?"
Peter:------- "Because of the simple fact that if one did a proper study before hand. There would be no need to do any further analysis. He would already be in the best one he could find for his own preferences and circumstances --------------".

Here's more:

Lorne: "However according to your insane logic it is ALWAYS better to invest in the one you already hold."
Peter: "------- Now it is ALWAYS (emphasis added) better because for those longer term concerned it allows them to lower their cost base."

So there you have it folks. One of the most idiotic theories ever presented in a public forum. I guess if you bought MXT when it was at $10.00, and later had some more money to invest, the Peter theory is that you should have bought more (it later dropped to around $1.00 and presently trades at less than $5.00). Enough said.
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