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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Wink who wrote (1069)12/24/1997 11:17:00 AM
From: Randolph Perry  Read Replies (1) of 2011
 
Hey Steveo, I got you a six month supply of Cheetos that should be delivered any day now. Merry Christmas! I love you guys on this board. I've been a busy man lately. I have'nt had time to get on this board. But I'm back for good. I've got my cost down to .88 cents Canadian. However, I intend to purchase another 10,000 shares today or tomorrow. Does anyone know when the quarterly financials will be filed? It looks like Santa Claus will get here before the financials. Hey Doug, what's up with all the selling. Do people realize that tax losses are still horrible. It has always puzzled me that people will take losses in order to save only the tax effects of these losses. And I know all these brokers out there encourage their customers to sell stocks at a loss at the end of the year to offset some gains but that's ridiculous. I am an accountant, and many accountants encourage their clients to do the same thing. Well I'm here to tell you that this concept is no good. For example, all these people getting out of WRN are willing to lose 70% of their loss to save 30%, assuming a 30%tax rate. I'm not saying that this concept should never be used because in some cases I have used it myself, however, this tax selling is done annually by most people and is encouraged by most brokers. And I know I'm going to get some people that disagree with my statements but if these tax selling techniques are consistently applied people will always lose in the long run. What's up with the VSE calling Mark Roberts about his stock volitility. Does this make anybody nervous? Somebody talk to me! have a merry Christmas.

P. S. What the hell is Canada Boxing Day!
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