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Bullboard - Stock Discussion Forum Second Wave Petroleum Inc SCSZF

Bullboard (GREY:SCSZF)

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Post by Zola2on Mar 15, 2012 6:19pm

Low Premium for REL

Another takeover today, REL by CPG. Check the B.B. for V.REL, many shareholders are not happy with the low premium. Maybe good that CPG has they hands full with one and SCS can wait for a different ...more  
Post by netgenxon Mar 14, 2012 11:57am

the way forward

It's hard to see much more upside for SCS for awhile the failure to track the market  move yesterday probably signifies a near term top in the share price. The most likely near term catalyst ...more  
Comment by larsen6on Feb 29, 2012 3:57pm

RE: RE: RE: Nice run!

Likewise. Downside risk is nearly zilch from current level of about $3.45 as I see it.  Will continue to nibble away on any weakness.   L6
Comment by greener12345on Feb 29, 2012 3:24pm

RE: RE: Nice run!

    this company is in play and im a shareholder         This publication is a general market commentary and does not constitute a research report.  Any reference to ...more  
Comment by larsen6on Feb 28, 2012 4:16pm

RE: Nice run!

Hey Trevor: We all do this.  I sold the last of my MEL only a few weeks ago at $3.80.  Had 20,000 shares at one point.  Only made a little bit of money on it in the long run ...more  
Post by trevor1970on Feb 28, 2012 2:04pm

Nice run!

I sold 2 weeks ago out of world economic fears, this is a good company that just keeps on drilling. Good luck to those who are in for the long haul! Stupid, Stupid, Stupid!
Post by netgenxon Feb 28, 2012 12:38pm

I should add

I think a sale at this time is premature. My preference would be for them to develop their properties for at least another 6-12 months. Lots of potential upside
Comment by netgenxon Feb 28, 2012 12:32pm

TRE: RE: Great news.

I.m aware that the T/O speculation has been in the market for quite a while ( more like a year), but I think the production profile here will justify a premium to today's price. My best ...more  
Comment by claritason Feb 28, 2012 11:50am

TRE: RE: Great news.

The reason why you see muted response, is that a takeover was already built in to the price to a fair degree. So I don't think you should expect to see a large premium on top of the current price, ...more  
Comment by netgenxon Feb 28, 2012 11:32am

RE: Great news.

surprisingly muted responce to the news - I doubled my position today as we are now approaching an all time high for the share price with a really nice base at $3. I expect at least a 30% premium to ...more  
Post by hawkowl1on Feb 28, 2012 8:21am

Great news.

Unsolicited offer triggers strategic review process! And I have a boatload thanks to OJ's positive comments!
Comment by larsen6on Feb 23, 2012 10:35am

RE: SCS and pathetic trading action.

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.  ...more  
Post by bossyon Feb 21, 2012 2:08pm

SCS and pathetic trading action.

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 ...more  
Comment by hawkowl1on Feb 17, 2012 12:03pm

RE: RE: I suspect a financing is in the works.

Might be walking it down towards a trend line to trigger stop loss's. Then they will vacuum whatever is dumped.Or they want to do a large cross at a lower price. Some sellers my be moving on due ...more  
Comment by bossyon Feb 17, 2012 11:31am

RE: I suspect a financing is in the works.

There is an obvious program in effect to walk this down this week to a yet as to be determined level, what the end goal is remains to be seen but fundamental values are far higher than this level, 4 ...more  
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