BYSD on radar! Bayside Petroleum Corp. (OTCPK: BYS
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BYSD on radar! Bayside Petroleum Corp. (OTCPK: BYSD) could be in the right place at the right time. U.S. Gas and Oil prices are currently hiking upwards, and this company finishes off "Marginal Wells" in oil fields. Things have been awesome for our subscribers lately as there have been opportunities to see gains from 133.33% to 600% in the past couple of weeks here.
BYSD- Bayside Petroleum Corp. (OTCPK: BYSD) is an energy exploration, development, and production company that specializes in the profitable business of reworking ‘marginal’ oil and gas wells. The company’s expert management team is experienced in seeking great risk to reward ratio opportunities for reworking oil fields. There are 420,000 ‘Marginal Wells’ in the U.S. alone. In 2006, more than 335 million barrels of oil were produced from these marginal wells, which is an astonishing figure. That amount of barrels at the average price per barrel in 2006 comes out to $19,530,500,000 in oil sales.
BYSD- Low Float Bottom Bouncer As of April 10th, 2013, BYSD had a publicly trading float of only 5,653,426 shares, which is tiny for a company trading at a price per share of just $0.0031. The company also just upgraded to “Current Information” status through OTCMarkets.com, which improves transparency greatly for shareholders. With the company recently taking strides to become more transparent, it is possible that the company plans to come out of the dark and update shareholders in the near future, which could be the fundamental catalyst that leads to a bounce.
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