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: Peter W. Panchyshyn who wrote (2442)1/20/2002 1:33:43 AM
From: Lorne Larson  Read Replies (1) | Respond to of 11633
 
Well, it's a slow Saturday nite where I am, so I'll take the time to respond to your usual lunatic rant. I did get out of PWI as you state, but, as I stated at the time, to instead move into PVE and AY. Strange you somehow fail to mention that. PVE has since moved from 8.10 to 8.67 and AY from 9.56 to 10.01, while PWI has moved from 6.10 to 6.39. No big deal one way or the other. I just don't like the way the market treats PWI.

As for my shorts, I shorted NCF at 11.63 and its now 12.00. I shorted ERF at 24.90 and its now 24.65. Again no big deal. Strange again that you somehow failed to mention my ERF short. Don't believe I've ever shorted PGF, but it probably deserves to be shorted.

You know, you are a real sick puppie. No posts for a month, and than a post immediately responding to my post. You obviously have nothing better to do with your pathetic life except to sit beside your computer all day waiting for me to post. I tell you what. If you're going to keep records of every trade I mention on this site, at least post accurate information.

Oh, by the way, I'm still waiting for your May/01 positions in the oil and gas trusts. What are you down since then, Peter - 20%, 30%, 40%? Maybe you should have shorted, or at least got out. Could be buying back in today real cheap, like I'm doing. PVE was around 12.50 then, is around 8.50 now. The difference in price is about 2 years of dividends, and the difference in yield is permanent. Understand how it works, Peter?



To: Peter W. Panchyshyn who wrote (2442)1/20/2002 1:44:08 AM
From: Goldberry  Read Replies (1) | Respond to of 11633
 
Peter with his facts wrong again

Quote from P.P. "Another of your superior traders Graham. Over the holidays made quite the claim of his own. Selling PWI at recent highs. Too bad in that case, a month earlier he was crying about the steep fall and how management should be sued for what they had done, he said he had lost all confidence in them. Yet instead of telling all here when PWI fell below $6 to buy he was dead silent and only after it climbed and reached its recent highs did he magically sell his holdings at a profit."

Peter maybe you could point me to a post where I said I sold my PWI at a profit? Actually I lost on that trade. Why would I suggest to someone to buy a stock in which I have lost faith in management just because it went below $6.00. I consider myself fortunate that it bounced back up and I was able to get out at just below my cost. For what its worth if you read my post you will see that I rolled those funds and sold a major portion of my hr.un buying mrt.un at just under 8.20 a share. You can look up my post and the prices of these stocks and you will find that the 2 I sold are now below my selling price while MRT.un is trading at about 8.80.

You implied that I am a trader which I am not I buy and hold stocks based on what I perceive to be the outlook near mid and long term. I have already admitted that I made a mistake nibbling back into the oil and gas trusts to early (in my opinion and thats all that counts when it is my money to lose) I consider myself fortunate enough to have been able to get out with a slight profit overall thanks to avn.un. I am still concerned that we may see further dividend cuts which will mean lower prices on the oil and gas trusts.