SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: Lorne Larson who wrote (1505)9/19/2001 10:46:13 PM
From: Peter W. Panchyshyn  Respond to of 11633
 
During August NG averaged 3.57 at Empress; so far in September it's averaging 2.51. This is the period during which
you continued to madly proclaim that the trusts were oversold, and insulted anyone who claimed otherwise.

------------ I will use these numbers above of yours just for discussion sake. What you claim is a reduction in the neighborhood of some 30%. You also claim that these are losses and heavy losses for the trusts. Now if these were in fact what the trusts were getting they would have fallen much further than the just over 10% decline in the value of the units in the time period indicated . ( NCN case is result of secondary offering announcement ) Sorry but the intensity of the unit price drop just is not in accordance with the %age decline in the price received for the commodity or the "fact" the trusts are selling at losses (as you say it). The figures just do not jive. Also what does not jive is the fact that SHN.UN was still able to declare a healthy income for the quarter. Further still it does not jive with what AY.UN just announced for its distribution ($ 0.05 above its base monthly setting ). Had it been sufferring with huge losses it would have come out with something below and far below its base monthly setting. So in fact all is well or at least they are still making good money. As I said.
----------- Now to go to the trading numbers specifically. Nice that you can pick and choose which numbers you are going to use and which you don't want to use. Some numbers I look at for SHN.UN show intraday trading highs over the $14 area and close to and passing into the $15 area, during the period . Even some closes in the $14's (Aug 28) Again hardly the daily disaster you want everyone to believe. For ERF.UN is a similar showing, for AY.UN , AE.UN -- closes in the $4.05 and $4.09 (sep 05 sep 06) , I could go on and on. If as you suggest then the trading would be a steadily dropping and huge daily dropping each and every day for each and every trust . For not just these few trusts but for all the trusts. That just didn't happen. As a short glance between the numbers you provide clearly show (for all who want to dig a little deeper and get the real picture) . Now compare that drop, to the drop in the aftermath of the tragedy (especially after NY again began trading) . Now your talking $'s a day and not cents per day. So which has affected the unit prices more. Yeah thats right the latter. As I suggested. Its not the fictitious past priceing but it is the now and current demand decline from the airlines.

------------- And the majority of the insults and fowl language has and still is coming from you. You can't show conclusive proof for your statements. What you do show is spotty data and hope that no one will dig further into those numbers that you supply to show just how flimsy they are. When someone does its the insults again. As I am sure your next response to me will be just more insults. Hard to dispute these real numbers with anything else but insults. Just too bad I am not buying it and few else are.



To: Lorne Larson who wrote (1505)9/20/2001 12:59:07 AM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
O.K. Peter W.Pompous, lets talk facts. The "past months price histories" as you put it are as follows (I'll use 4 trusts
as an example but they're all in the same boat)

--------------- Since you say they are all in the same boat lets look at a specific example that proves you to be a LIAR. Check the chart for Acclaim Energy Trust. from globeinvestor.com , below
---------------- here's a summary august 20 4.04 ----------------- sep 10 3.97

Whats the % decline Einstein??????????? What its not 10% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

If its not then all the trusts are not in the same boat. Even if you look at the data your spotty way, the way you have the others. And then looking further into the trading data we see a scenario that played itself out to a degree, though better than the others, but similarly none the less. So again there is or was no massive decline. No huge losses. And your credibility is flying out the window. As is the case with all the selected info and data you have ever and will ever likely want to present. Try next time going over the complete data and make sure to check it over before hand then you will not look like such a fool.

Price History for Symbol: AE.UN-T Last: 3.930 Last Trade: Sep 19, 2001
Date Close High Low Volume
Sep 19 3.930 3.950 3.750 24,700
Sep 18 4.000 4.000 3.920 4,500
Sep 17 3.990 3.990 3.880 2,800
Sep 14 3.900 3.990 3.820 17,300
Sep 13 4.000 4.020 3.910 39,300
Sep 12 4.020 .000 .000 0
Sep 11 4.020 4.020 3.940 16,000
Sep 10 3.970 4.000 3.960 24,000
Sep 07 3.950 4.080 3.950 23,700
Sep 06 4.090 4.090 4.000 27,400
Sep 05 4.050 4.050 3.900 10,900
Sep 04 4.000 4.090 3.900 21,700
Sep 03 3.820 .000 .000 0
Aug 31 3.820 3.900 3.810 30,500
Aug 30 3.900 4.000 3.900 52,500
Aug 29 3.980 4.050 3.980 22,500
Aug 28 4.000 4.060 3.900 8,500
Aug 27 4.000 4.040 3.900 10,593
Aug 24 4.000 4.050 3.900 14,085
Aug 23 3.960 4.090 3.960 37,634
Aug 22 4.080 4.090 4.070 12,907
Aug 21 4.100 4.100 4.040 13,896
Aug 20 4.040 4.090 4.030 5,247
Aug 17 4.080 4.100 4.020 29,267
Aug 16 4.060 4.090 4.050 20,095
Aug 15 4.080 4.080 4.010 763
Aug 14 4.000 4.090 4.000 10,517
Aug 13 4.070 4.100 4.070 10,185
Aug 10 4.060 4.090 4.050 15,696
Aug 09 4.010 4.010 4.000 27,335