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To: Lorne Larson who wrote (2944)3/21/2002 1:23:04 AM
From: Peter W. Panchyshyn  Respond to of 11633
 
Hey, loser.

------------- Good to see you respond to a challenge not with fact but with insult. Proves my point. -----------

Here's a post about trusts for you. I know you hold PGF and NCF. Maybe you don't realize it but these
babies, even after adding in their distributions for the past year, and after the big run-up over the last 2 months, still
show a total return loss year over year from March 20/01.

------------ Like each of your other posts you still fail to include adding accumulating on the way down at the lower levels. LOWERING ONES COST BASE. The simple math of that shows that all are ahead of the game price wise. You show only point A to point B in time comparisons. And nothing even resembling an accumulating on weakness strategy. DO THAT SIMPLE MATH IF YOU CAN. -----------------------------

Likewise PWI.

-------------- In my simple math example for your PWI failing. With your own numbers the difference between selling and buying something (PVE) else was 2%. Readily eaten up up fees and taxes to make the venture not worth doing. Adding accumulating at the lows of $5.80 (PWI) and the price now of $7.15 (PWI) shows clearly which way one would have come out ahead. And that way is by sticking with PWI accumulating on the downside and benefitting with the rise that came afterward. THE SIMPLE NUMBERS DO NOT LIE. DO THE MATH YOURSELF IF YOUR ABLE. -------------------

Haven't calculated the rest but I assume most are in the same boat.

--------------- Most are in the same boat as I have said. You have everything wrong as the numbers following what I do and say show -------- --------------

Your buy and hold strategy

--------------- Again you miss the key component of ACCUMULATE ON THE WEAKNESS (DOWNSIDE). As you always do. Are you really that lame that you keep missing that EACH AND EVERY TIME.???? ----------

has been a net loser over the last year. In fact you've done about the same as someone who bought the NASDAQ "Q's" a year ago (ouch!). On the other hand if you got out in May-June, and got back in over the last 3-4 months (like some of us did) you'd be up as much as 30-40%.

-------------- I looked at your numbers for your PWI failing. And those numbers like the above show who the net loser is. So just like selling PWI at a loss and getting into something else shows your net worse off so too with your example above. Because you look at what you want to look at and not at what I say to look at. AND THAT IS ACCUMULATE ON THE WEAKNESS GOING DOWN AND BENEFITTING FROM THE RISE THAT COMES AFTER, AS WELL AS THE INCOME YOU WOULD HAVE GOT --------------

Of course, you can prove me wrong by posting your holdings from a year ago and your holdings now. Of course, you won't, because you're a gutless wimp.

-------------- I have proved what I said by looking at YOUR OWN numbers from PWI and then accumulating on weakness and benefitting from the rise. THATS FACT. AGAIN DO THAT SIMPLE MATH IF YOU CAN. And like in that case it works for all cases. As attested to by some of the others who have commented here that by accumulating on the weakness over the last year they are now well ahead of the game.--------
------------ All that has already been posted and you ignore it. Just like you ignore my going over the numbers for your PWI failing. Whats the matter too afraid to go through that one example. I went through your PWI failing and showed it for what it is WITH YOUR OWN POSTED NUMBERS. THAT SHOWED YOU TO BE A LIAR. . And you still have not returned that by coming back with numbers to counter even that. BECAUSE YOU CAN'T.. THAT MAKES YOU THE GUTLESS ONE ------------------
----------- Funny that you start with name calling and end with name calling. You can't even get the simple facts right of accumulating on weakness which I clearly show even here you miss yet again and how that is the key. You can't even counter my going over with simple math your own numbers for PWI showing your failing with anything of your own. YOU CAN'T HONESTLY THINK THAT JOE HERE ISN'T SEEING ALL THIS. IF YOU DO THEN YOU ARE FAR MORE LAME THAN EVEN I THINK YOU ARE ------------------

Myself and many others now look forward to being entertained by another of your lunatic rants. Let's hear it.



To: Lorne Larson who wrote (2944)3/21/2002 1:26:05 AM
From: Peter W. Panchyshyn  Respond to of 11633
 
What Lorne just can't counter

----- Message 17197979
------ my recent post to Lorne. He states that yes he sold his PWI at loss. But he used the proceeds to buy PVE
which is up about 26%. While PWI has recovered only 14% from where he sold it. Now lets look at some numbers.
And what Lorne doesn't want people to know. Supposing Lorne sold his PWI at a loss of 10%. This makes his gain
net from the two (PWI and PVE) at about 16%. Now PWI has recovered as he states 14% from where he sold it.
That makes a difference in the net between the two of 2% (16 - 14). The costs (fees and taxes) would eat this spread
up. Consider also that the fact that PWI continued to fall well below from where Lorne sold it. Had he not been
scared out and had accumulated at the lower levels. The gains from those lows to now would be significant. That
makes the whole exercise of selling , taking the loss, and buying something else. A complete waste of time and effort.
He is not any further ahead. And may in fact be worse off.
This described above has been a real time happening as documented in these past postings. Lornes only defense to it.
Is to come up with an example (fantasy) that has him suffering a 20% loss and then from that getting on his next
trade a gain of 900% ( buying at $10 and selling at $100). TIME FOR A REALITY CHECK. ---------------



To: Lorne Larson who wrote (2944)3/21/2002 1:42:28 AM
From: Peter W. Panchyshyn  Respond to of 11633
 
I know you hold PGF and NCF. Maybe you don't realize it but these babies, even after adding in their distributions for the past year, and after the big run-up over the last 2 months, still show a total return loss year over year from March 20/01.

-------------- Lets look at some numbers. Using an accumulate on weakness strategy. I'll try to keep this as simple as possible for you. In an early post you brought up that I recommended buying this one at $17. Start of my accumulating. It reached a low of $12.80. It is now $15.70. Now assume someone bought 5000 shares at each of $17 and $12.80. What is the result at todays price. ITS A GAIN. Add the income earned to that. ITS STILL A GAIN. WHERE IS THE LOSS?????? Results would have been even better if in this example you made it more like what I do by buying much more at each step down. And enjoying the rise upward. SO AGAIN IGNORE THE OBVIOUS NO ONE ELSE IS. -----------

------------- Now care to show some numbers of your own that completely refute this. I THOUGHT NOT. AS USUAL. -----------------------



To: Lorne Larson who wrote (2944)3/21/2002 2:07:41 AM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
What Lorne can't counter Part 2

I know you hold PGF and NCF. Maybe you don't realize it but these babies, even after adding in their distributions for
the past year, and after the big run-up over the last 2 months, still show a total return loss year over year from March
20/01.

-------------- Lets look at some numbers. Using an accumulate on weakness strategy. I'll try to keep this as simple as
possible for you. In an early post you brought up that I recommended buying this one at $17. Start of my
accumulating. It reached a low of $12.80. It is now $15.70. Now assume someone bought 5000 shares at each of $17
and $12.80. What is the result at todays price. ITS A GAIN. Add the income earned to that. ITS STILL A GAIN.
WHERE IS THE LOSS?????? Results would have been even better if in this example you made it more like what I
do by buying much more at each step down. And enjoying the rise upward. SO AGAIN IGNORE THE OBVIOUS
NO ONE ELSE IS. -----------

------------- Now care to show some numbers of your own that completely refute this. I THOUGHT NOT. AS
USUAL. -----------------------