Second Wave Petroleum Inc SCSZF

RE: Direction of SCS

[vandenp]

"most stocks have "future potential and revenues ", built into the share price. SCS does not." IMO, when a company has a current revenues of about $1.5 million dollars and a market cap of $29 million dollars I would say they are already have "future potential and revenues ", built into the share price. "I believe this stock was oversold due to market conditions, the recession and most of all, the impact of Sept.11th, on the entire Travel Industry." I believe the stock went down to close to a proper valuation because of their revenues, debt, not being profitable, and other things. "It's one thing for a company to generate revenues but a far more challenging story, to turn that company profitable. SCS's Management have said they will do both, by the second quarter of this year. " SCS's Management has said many things that have not come to fruition. The latest example is the statement contained in the Sept 28th Corporate Update. "In the meantime our company will, as a minimum, operate on a breakeven basis" Anyway, this is just my opinion and you guys are entitled to yours. I guess we’ll agree to disagree.