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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 (2837)	3/13/2002 11:56:28 PM
From: Lorne Larson	Read Replies (2) \| Respond to of 11633

You are without a doubt the stupidest person I have encountered on any thread on any site. Assume I sell at $5.00 1000 shares of a stock I bought at $6.00, for a loss of $1000. Assume as well that I use the $5000 sale proceeds to buy a stock at $10 which than moves to $100 for a gain of $45000. According to your infantile logic, this is a bad trade because while I have an UNREALIZED gain of $45000, I have (horror of horrors) a REALIZED loss of $1000. I assume as well that if I sold the stock at $45000 and REALIZED the gain this would instantly convert me from a loser to a genius. I can hardly wait for your answer.