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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by vandenpon Aug 02, 2000 1:21pm
154 Views
Post# 2274104

RE: LOOKING GREAT!!!!!!!!!!!!!!!

RE: LOOKING GREAT!!!!!!!!!!!!!!!elston_gunn, I also feel somewhat duped, but $.25 is a little ridiculus. I not saying it can't happen, but I tell you, even with the huge percentage of SCS that I currently have (way more than I care to admit), I would be buying as much as I could in the mid forties. Why? Recurring revenues which continue to increase, albeit very slowly at this point. A large customer base. (Post from kjones: https://www.stockhouse.ca/bullboards/viewmessage.asp?no=1892824&tableid=0 ) They are in sales mode (not R&D mode) with many of their products. They have partnerships with alot of potential. It is a bad time of the year with the stock below its 52 week low. Share price has decreased on very low volume. There is a good chance that we will see two additional revenue streams that are both TRANSACTION based fairly soon - Blackbird and Travelbid.com Once the lawsuit grap is finished with there could be additional revenues from TourTek. As I previously posted: David Wongs price target was $2.25 assuming sales of $9M. With 2000 revenues looking more like $2M (4.5 times less) I would put a current value of $.50 per share ($2.25 / 4.5).
Bullboard Posts