Second Wave Petroleum Inc SCSZF

RE: SCS and pathetic trading action.

[larsen6]

You must be feeling better now :)

Looking at the chart,  SCS has had a long hard run, so it was due to take a breather.  Smart money always takes some off the table when prudent.  Probably nothing more.  Sellers probably got in at $2.00, or maybe even less.  Funds may have been exceeding their % ownership limits on this stock as well.

As for me, I am now part of the SCS crew.  Bought in over the last two weeks during this dip.  Let's see what happens.

 

GLTA,

L6

L6