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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by vandenpon Apr 04, 2002 12:48pm
155 Views
Post# 4964917

RE: Wow!!

RE: Wow!!Here's another beauty. Remember, this is TWO years ago. https://www.stockhouse.ca/bullboards/viewmessage.asp?no=1373916&tableid=2 Great questions Jadon. Here's what I believe. +1) why not release the information, + So that they will have an adequate arsenale to hammer them through all of the share-price resistance levels. +2) why release some minor deals to their news wire service rather than the big stuff, (Tthe small stuff is killing them. Look at the price/NR announcement history of SCS.)+ To give the least amount of support possible in order to keep the stock at a reasonable level to avoid a mass exidus from current shareholders, and to allow the acceptance of the PP at a reasonable level for all. 3) why release anything at all. Just release the quarterly report to show that revenues have increased and that the profits are being made. IMO a single announcement of increased revenues would not have the same eye-catching effect that a daily barrage of signed-contracts with SCS-pumping statements from customers would have. If I am wrong about this then we are in real trouble. The few contracts that have been signed, barring some other huge influx of revenue, will certainly not get SCS to the $9M to $13M target they have set on themselves. The big picture, for me, continues to point SCS in a very positive direction. For the moment, I will continue to give SCS management (especially Larry O’Brien) the benefit of the doubt. I will post this one more time, because this is what really eliminates alot of the doubt I may have in SCS. I think that Old-Larry has alot more on the line then any of us. +Why else would Larry O’Brien, who has over 30 years experience in the Canadian, U.S. and European investment communities, including Executive Vice President and COO of C.M. Oliver Inc., and also President of Scotia Capital Markets in New York., give up his position as Vice Chairman of Canada’s largest independent investment banking firm, to become CEO of SCS. Do you seriously believe he would take this position if SCS had no potential?+ Good luck all.
Bullboard Posts