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: Lorne Larson who wrote (2966)3/22/2002 8:33:03 PM
From: Peter W. Panchyshyn  Respond to of 11633
 
I take great delight in poking Peter with a sharp stick, because he's an egotistical, thin-skinned, deceitful, blowhard, who deserves to be jabbed.

----------- Only name calling again and not one bit of fact or data. How about my simple math examples of a accumulation strategy buying on weakness.???? A give a real time , real data example of such. And the only thing you do is ignore it. You can't counter with even one small bit of fact. Thats so lame. And then how about that PWI example of your own buying at the low (accumulating ) at $5.80 and the price now. Again that far outpaces anything you could have got by selling at the loss and buying PVE. SIMPLE FACT.. I give counters of real data to all you put forward and you just ignore ------------

He's also an incredible wimp who insists other people post their trades and recommendations, but refuses to post his own holdings because he's obviously worried that he will be exposed as not quite the trust guru he claims.

-------------- My holdings have neen posted from the beginnings of this board. They haven't changed I just have much more of them. Because of accumulating over the years and months on weakness.. And what was it that this poster (a handbag) has said about my method and strategy . IT IS SOUND AND BACKED BY THE HISTORICAL EVIDENCE. As I said just because you ignore it or can't understand it . Hasn't stopped others to see it as the truth. That you can't see it makes you the FOOL. PERIOD. My trades with the rights have been documented see EIT recent SDT and ERF . Its all there read em and weep. ----------------

I defy you to find one post in the last 6 months where this "valued poster" has recommended any specific trust as a buy or sell.

----------------- You acknowledged in a previous post that am a holder of PGF and an accumulator on weakness. A previous post from you showed I first told to accumulate at $17 and downward all the way to its low of $12.80. The unit price is now over $15. Do the math. I take your own words from your own posts concerning what your searches have found I have done and each has turned out well ahead of the game. Without the wasted effort the wasted time and your own pathetic returns (not much more than one months income payout). Then there is the same for NCF and then the trusts of trusts SDT and EIT. All of these you ignore. WELL OTHERS DON'T IGNORE THEM AS THIS POSTER ATTESTS TO. And you just can't stand that. Well read it and weep ------------

His investment approach is fine, and despite my jabs, I've said so on a number of occasions. Problem is he acts like a raving lunatic when anyone remotely suggests another approach.

----------------- I give fact and data. I have detailed a methodology and a strategy that can be followed with the past historical data and with the real time data of the past 10 months. And you ignore it all. Others don't. You can suggest anything you want just back it up as I have. You cant even do that. You refuse each time I give simple math examples to even counter. Because you can not. ALL CAN SEE THIS. The only one who can't is you. And by continuing your attacks. With no substance behind them at all just makes you look more and more foolish each time you do it. So be my guest continue with it -----------------------

In summary he's an infantile jerk

---------------- Just your name calling again. The only thing your good for. ------------

who has nothing new to say,

---------------- The majority find it useful. Especially joe average. Who wants to see the facts of a strategy before they committ to it. And I deliver that because of the documented response here to that effect. Another thing you just ignore. --------------------

and has caused many fine valued posters to leave this board (many now post on StockHouse), or to simply refuse to post on his board. I know this because I've heard privately from a number of them.

-------------- And this is just more BS from you. Which I countered when you said Mark Calgary was one. Funny that someone (MARK) who came out numerous times to just direct name calling and insults towards me. Refused to post he was leaving this board or would not post yet he wasn't afraid to hurl public insults. Again the facts so easily prove you wrong ------------

I intend to keep poking this pathetic SOB for as long as it takes.

------------ Go right ahead. It doesn't hurt me in the slightest. That the documented support I have received here far outweigh your taunting. Proves me right and you wrong ------------

----------- Just a little more news to make you boil. I have begun putting together my quarterly report to my banker. For my investment line of credit. Just like a handbag here can't refute my evidence. Especially of the last 3 months. Neither will my banker. That is why I will be doubling no make that tripling my investment line of credit. That should give you even more to be weeping about -----------

------------ And just for old time sake how about coming up with some counter to data for my next 2 posts. EVERYONE KNOWS YOU WON'T -------



To: Lorne Larson who wrote (2966)3/22/2002 8:34:10 PM
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 (2966)3/22/2002 8:35:12 PM
From: Peter W. Panchyshyn  Read Replies (2) | 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. -----------------------