Bayside Corporation (BYSD)

[General Ripper]

Remember: It was OPEC led Saudis who initiated an oil price war. They started it last year with their decision to out produce American Drillers BC companies like Harold Hamm's Continental Resources in ND Baken Shale Play, put the US back on top as a worldwide leading oil producer.. This REAAALLY pissed them off, so they turned their well heads on "full bore" hoping to drive US companies like Hamm's into bankruptcy..
Instead, Hamm and others like EOG, became more efficient, drove down drilling costs and kept producing.. This is why there's such a glut of oil on the world markets and prices at historical lows..
But, Saudis can't keep the well heads wide open for much longer without severely damaging their own regime's, not to mention other competing OPEC CARTELS in member states.. Look for oil prices to rebound early next year when OPEC meets to force Saudis to cut back production.. Therefore: Lots to like in black gold sector, as it's strategic geo-political motivator's are constantly changing..
IMO, WTXR board appointment of Gordon is intriguing considering their attractive pps.. The possibilities could get very interesting including a possible RM and a ticker change for BYSD.. Just thinking outside the box..