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

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To: Scott Mc who wrote (4757)11/8/2002 8:33:18 PM
From: Peter W. Panchyshyn  Read Replies (1) of 11633
 
Yup I admit, I bought AE around $4.00 and its down to 3.88 or so, and it might even go lower. I remember when POU went under $14 you were razzing me, then it stopped when it went over $15,

----- You guys always like to counter me and mine with point A to point B time line comparisons. As Lorne did by saying that I just bought NCF at $18 and at one time it was down to $10. So by that I was down 80%. Truth of the matter is that I accumulated more much more on the way down and the price recovered back to $14 above my cost base then once again fell I accumulated and then it rose once again to above my cost base. Using that same sort of thing you guys do to me I can say that had you waited you could have bought lower but you did not. SO CASE CLOSED as Lorne would say. YOUR WRONG. You guys cant have it both ways.-------

I predict that stocks will fluctuate and when the price justifies your opinions/numbers/feelings/philosophies etc, I will hear about it. Your hindsight is 40/40..

----- Not hindsight at all in regards to AE.UN at all. Please refer to the following past post.
Message 16381747
"""" I was in WFF.UN for a few years. It did a huge payout with a sale of assets and then a merger with a former oil/gas producer to form a new trust AE.UN. I almost forgot that I have a small holding of these ( much smaller in comparison to my other holdings) That I almost forgot I had these. Wasn't much activity with this one as it was withholding payouts for the first six months. In the last week or so it announced start of monthly payouts. I pick up some of these today to boost my holdings to more appropriate levels. """ Notice that post it is timed well before anyone else was getting on the band wagon at around $3.70 . And as I do I accumulated more lower still with the price falling. Thats well before you and as the documented shows its not hindsight. Its at the time ,real time, before the fact. Not like your case where you bought higher it went higher then collapsed lower making buying it then not the ideal. As I stated to you in my posting that maybe AE.UN 's news about the aquisition was already factored in to its price and it would instead head lower. And what do you know that too happened. I called that before the fact as well. Thats not hindsight either. -------------
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