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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (2293)12/18/2001 8:46:37 PM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
Hey expert, do you still want me to post all my sell tickets on the trusts, or is the fact these puppies are all scraping along their lows enough evidence for you that ditching them was the right play?
No, of course not, Stan, Peter would NEVER admit that. What could I have been thinking?

---------------- Your on que for another appearance I see. Time to deny the obvious again for you is it? Well okay I'm game. You sure are a glutton for punishment!!!!!!!!!!! After months and hundreds of calls for you to direct us to some past post documented evidence of your many thousands of superior returns I and the others have come to realize that that is just never going to happen. But hey surprise us. And that would be quite the surprise indeed. I would be happy just to see one. Though I have collected already about a half dozen of your past failures that my searching has dug up. I see no need to search for any more. Even with one success story your looking at an about less than 20% success rate. Surely nothing to boast about and well far from being "superior" -------------------

Oh wait, I forgot, YOU'RE still making lots of money on them on the way down, right? Maybe you could show some of the others again how receiving $1,000 a month in distributions makes up for them losing $5,000 a month in principal. I can never remember how that story goes.

------------- I'll direct you to the exact posting numbers tommorrow. As I must be on my way shortly. First off, recall that my last buy of NCF was at $10.80 ,my cost base is just over $12 and the price is now sitting at $11.35. and I have received about $1.20 in income thus far. Add to that ,that unit prices will cycle higher because thats what they do. If it should fall further, since it will only be an unrealized loss ( please consult a professional as to what this means) it will be made back easily enough with future gains. If it falls further I will buy again. And the whole process will be repeated as the price recovers from that. And I will redo that method ad infinitum until the cycle makes its way back to that high end. Where I will be laughing all the way to the bank. Because that is exactly what I have done in the past ( ITS DOCUMENTED) I know one such as you with a accounting degree from a cereal box will have trouble with these numbers but I am sure if you're fellow graduates can combine heads you'll be able to figure that out. Though I doubt that very much. For seconds there is , EIT for example my last buy was at $5.50 or $6. (have to double check on that one ) The unit value today is at $6.80. Its monthly payouts have not changed. For thirds there is , SDT remember, this is the one with the recent rights, the conversion price was $3.55 and todays price is $4.28, with that conversion I now have 25% more trust units than before ( got 1 right for each held unit ,and 4 rights equal 1 new trust unit) earning $0.045 per month which hasn't changed for many months and is still expected to remain for at least another quarter, I also did one trade of some extra rights getting close to 30% gain . MUST I REALLY CONTINUE , IF SO PLEASE LET ME KNOW. I WILL BE MORE THAN HAPPY TO OBLIGE. I know your going to have trouble with the numbers so please get as much help as you need. And don't rush take all the time you need. ------------------ AMATEUR!!!!!!!!!!!!!!!