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To: Lorne Larson who wrote (2839)3/14/2002 12:14:52 AM
From: Peter W. Panchyshyn  Respond to of 11633
 
You are without a doubt the stupidest person I have encountered on any thread on any site.

----------Again with the insults ---------------

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'll simple point out that with PWI when you held it you could have probably sold it for a gain but you did not. You decided instead to wait then get scared and sell at a loss. Which is most likely what would really happen in your example above. What happened from that was that PWI recovered and recovered nicely from where you sold. You could have even bought on the weakness but you did not. This makes the matter of selling at the loss moving into something else a complete waste of time and effort. -------------

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.

--------- Your own documented activities show that you do the wrong things at the wrong time for the wrong reason. Another Case in point is your short of ERF. After covering it it continued to fall. You got a pathetic 1% gain on the venture. But could have got a lot better. You did not. Your timing skills are a joke, And your use of these grandiose examples which in no way parallel what you do or get is but a joke. ----------------

I can hardly wait for your answer.



To: Lorne Larson who wrote (2839)3/14/2002 12:33:04 AM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
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

------------- What is it with these traders and their examples. To try to prove a point. In the example the loss is allways so small and the gain is allways so HUGE. Just once I would like to see a real documented example of these types of gains. From $10 to $100. NOT LIKELY --------------------