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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by idleSpeculatoron Jun 18, 2003 1:16pm
144 Views
Post# 6181236

RE: News-Sabre

RE: News-SabreI concur with last post. If you check out the companies last financial, then calculate how many shares they need to sell per month to keep the engine ticking you will see they are soaking up most of the demand in the market. What is ironic, is that larger buyers, interested in accumulating the stock would be crazy to push the price up by buying in a hurry, when they can simply wait until the next PP and pick up fair volume quite cheaply. But only if they haven't pushed prices up! Currently PP's are coming with 25c warrants at a cost of about 3c (bargain imo). Can't blame the buyers, and nothing else the company can do. When we finally see web booking working on the current TT/SB deal, and SRM live, bugs wired out, and 2nd wave of customers going live, people will be able to see an end to the supply of cheap shares through PP's. Technology will be proven, income rising, demand for shares should follow, and supply decrease, at least at these prices. I agree, we are maybe weeks away from remaining key technologies going live, and months away from this 2nd wave of customers. How many weeks and months, who knows? I wouldn't argue against any estimates, mid-august sounds as good as any to see income beginning to ramp up, maybe a little optimistic? hate this waiting, but it is inevitable, it is the timescale of these things. Will relax when SRM goes live and TT/SB is live workig with Openfares booking engine and maybe plugged into SRM or some other distribution channel, from there on it is simply a matter of loading on customers. there will be additional new development but that will be necessary and sufficient for this company to be profitable imo Idle
Bullboard Posts