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


To: Peter W. Panchyshyn who wrote (2550)2/7/2002 12:10:06 AM
From: Lorne Larson  Read Replies (2) | Respond to of 11633
 
Just in case you're interested, if you'd listened to me on Jan 19 and went long 1000 shares of PVE and short 1000 shares of PGF on Jan 21, you'd be ahead $1.04 right now. If instead, you'd followed your own "these things are always a buy" approach, and bought 2000 shares of PGF, you'd be sucking to the tune of ($1.34). These numbers have factored in dividends on both the short and long positions. Just a little difference of net $2.38 in about 2 weeks if you now closed out the position, which is probably equal to the total dividends that PGF will pay in the next 2 years.

Message 16934555

I anxiously await your next rant.

Closed out my ERF short position yesterday. Net 80% long. For the record.