Canadian REITS, Trusts & Dividend Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lorne Larson who wrote (4348)	9/24/2002 9:49:07 PM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

A person buying MXT at $6.00 or TAY at $7.00 might well have been buying at the than low end of their trading ranges, but would have made a critical mistake. ------- Now previously I stated that you dont know the low ranges until you do the math. SO GO DO THE MATH. I challenged you to do the math. You refused. CHICKEN. So here is the data and the math for MXT and TAY from my source FP DATAGROUP 10 YEAR PRICE RANGE AND DIVIDEND RECORD. Remember the math is doing a linear regression analysis and spread analysis of past yearly high low unit price ranges to come up with low ranges and high ranges one can use as per my method. As previously outlined in a previous posting ------------- For MXT now UET 1996 high $12.25 low $9.90 1997 11.55 5.60 1998 8.00 1.42 1999 3.00 0.92 2000 4.40 2.05 2001 5.17 3.65 The linear regression and spread analysis gives high range ---- $7 ----- to -------$ 9 low range ----- $2 ----- to ------- $4 rounded to nearest dollar to make it simple. Therefore following the method I outlined one would not beginning accumulating until the unit price got near enough or into the low range. SO THE DATA CLEARLY PROVE YOU WRONG ON THE MATTER. You said the low range is $6 and lower when in actual fact it is $4 and lower. So your person wouldnt have been buying MXT then at all at $6. Thats no where nears close enough to the low range. FOR TAY 1996 high 14.90 low 10.20 1997 15.75 8.40 1998 12.00 3.90 1999 5.85 3.01 2000 5.75 3.61 2001 5.49 4.20 The regression and spread analysis gives high range $7 ----- to ----- $9 low range $3 ----- to ----- $5 Therefore following the method I outlined one would not beginning accumulating until the unit price got near enough or into the low range. SO THE DATA CLEARLY PROVE YOU WRONG ON THE MATTER. You said the low range for here was $7 and lower when in fact its $5 and lower. So once again here your person would not be buying it. THATS WHAT THE REAL DATA AND REAL MATH SHOW.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next