Two Aggressive Buys With Passing Problems

BAYOU BEND PETROLEUM $0.58 (Toronto symbol BBP; SI Rating: Speculative) (416-364-8820; www.bayoubendpetroleum.com; Shares outstanding: 308.3 million; Market cap: $178.8 million) plunged 40% in one day recently after it drilled a dry hole in the Gulf of Mexico. However, we think investors overreacted to the results… Read More