Second Wave Petroleum Inc SCSZF

SCS has a plan...The insiders keep buying....

[puntabeach]

The insiders keep buying every week... They added once again at 51 cents two days ago....All 5 of them.

www.canadianinsider.com

I believe SCS does not release any news INTENTIONALLY to help the insiders buy as low as possible.

I believe the insiders are not idiots to add for 5 months now if something is wrong. They do not release any news (2P Reserves report etc) intentionally to make all sell as low as possible while they are exercising their options and rights.

[michelleb33]

your link to insider buying says nothing about scs buying at all. point it out please

[LexiOil]

SCS has to release finacials and all data relevent to thier company as they are publically traded.  Withholding information, like finacials for personal gain would be illegal I think.

[needtomakeabuck]

It is very closely monitored.  Go to SEDAR and look them up.  They have to file all paperwork with them. And no they will not be stupid enough to do false economics to shareholders.  That is how you go to jail and dont collect $200.00 Ridiculous statement in itself.  The stock is down mostly due to the market but also on no news since last year. This has to change soon as they

[bakken13]

They aren't withholding anything, it is just that the wells seem to deplete very fast, and may not be economic. I know it is hard to believe with their huge IPs, but after drilling all of those very expensive boomer wells, what do they have to show for it? Not much. And their debt is like an anchor dragging them down.