Second Wave Petroleum Inc SCSZF

RE: I SMELL

[vandenp]

Because travelingman continues to bash me: First of all, I'm not Tee Pee, but I'm not the least bit surprised you'd come out with a statement like this. You can't even spell my name correctly, even when it's been pointed out to you before. Secondly, I just can't understand why you guys find it so difficult to hear other opinions. Tee Pee did not personally bash anyone on this board. Some of us on this board are actually interested in talking about real numbers. Some of us actually look at the book value of a company. TeePee's been around for a few years and his/her concerns are justified. Do you believe SCS has not shown us any numbers that could possibly justify a market cap of over 28 Million dollars? 2CentsWorth, I remember your post (Post #4417032) when you stated: "I think the whining is coming from people who need the crazy valuations to come back to break even. " What do you guys consider a crazy valuation? 25 times sales and no earnings? 10 times sales with earnings? 1 times sales with a P/E of 1? Just wondering how you determined that $.60 is a very good deal for SCS. Please understand I'm not personally bashing you. I enjoy hearing other opinions about the companies I'm interested in, (even if they are from individuals like travelingman that are not the least bit interested in looking a companies financial numbers) as long as they have some merit. It's certainly been a great run and (believe it or not) I have made money. Not even close to what old jetstream has made. 450,000 shares. Wow!! A sincere congratulations. I guess you've made a killing on those 8 cent shares you purchased not long ago. Well done. Hopefully you didn't take my advice to sell half at $.16. It just goes to show you, looking at the numbers doesn't always determine whether it's a good investment or not. I do believe if you're looking at a long term investment (which is how I look at SCS), looking at the numbers, in the vast majority of cases, does determine whether it's a good long term investment or not. Anyway, this is why I'm interested in hearing other opinions regarding their finances, current and future potential.