Second Wave Petroleum Inc SCSZF

SCS and pathetic trading action.

[bossy]

SCS trading action making me a lil squeamish in relation to oil price action today in WTI, PRY is just screaming and last I checked ARN was having a decent day. SCs is bringing up the rear as it has for the past 10 days or so but as good fortune would have it,my daughters beau is doing the servicing at BHL for SCS and so can afford me a direct link to ongoings in the future. Why the weakness here I dunno but I am sure we find out shortly.

[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