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


To: Lorne Larson who wrote (2439)1/19/2002 4:30:55 PM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
I'm still long PVE and short PGF. Short position also provides protection in the event the O&G sector as a whole crashes.

----------------- Well , NOW for the real story on shorting !!!!!!!!!!!!!!!!!!. Lorne has shorted NCF , 3 times in the last few months, with nothing to show for it. He has shorted PGF but it has risen. He has shorted ERF and that too has risen. He was long PWI until he closed out at losses. At the same time I told here in my past posting at the time one should most definitely be accumulating it (PWI) at under $6. So with the fall in the oil gas trusts over the last several months not only has shorting failed to protect against the fall. It also has resulted in some very real LOSSES for any and all who have tried it. AGAIN THAT IS THE DOCUMENTED FACTS. -----------------------------------------------------