Second Wave Petroleum Inc SCSZF

Jadon, Skyhi, Need Cash Money:

[valk17]

Thanks for the welcome back. As I recall Cash Money owes me $50.00, maybe $100.00. I think he said if scs didn't hit $5.00 he would never post again??? Anyway hopefully he won't have to sell stock to cover!!! Just to set the record straight, I was once a shareholder of scs. I bought in march 99 at .23 and sold in may 99 at 1.64 - 1.76. As far as where it is going at this point it is difficult to call. Timing is always the big factor. I would call scs bearish at this point. Tech stocks are in correction, summer doldrums are around the corner. Historically with scs it has run into early or mid may, so you may see it hold up in the 1.50-1.55 range in the near future, but 1.55 is also resistance. If it fails at 1.55 which i think it might, then you could see it trade down into the .90-.95 cent level. i think it has a few weeks left in it yet before the summer correction trend. Thats my opinion for what it's worth. And no, I am not trying to shake stock out so that I can buy...I am not a shareholder of this stock and am not buying at this point. Keep an eye on v.slm I have held a position all winter and they are near the target depth on the drill. Could be a big winner IF they hit oil. Where is Capt. Long and Staying Long???