What’s wrong with Bayside Pete Co, Inc (PINK:BYSD)? Obviously, lots of things. 
There’s been no news about the company for ages, though the stock is jumping up and down all the time. BYSD gets either on low, or on high trade unpredictably and no one can name the reason for the sudden price changes. After a phenomenal gain on Thursday, last Friday the stock closed the week losing 26% of its price on a traded volume of over 8 million shares.
There are no hypothesis on the price move, apart from the discussion on investorshub.com message board. Despite the fact that traders seem quite confused about BYSD movement, they consider the possibility of lots of pump and dump lately, which influences the stock price. Some traders hope that there will be a piece of news by Bayside, though they are not satisfied with the fact that the company’s website is currently down. Actually, when browsing its address the only message that appears there is “Account Suspended”, which leads absolutely nowhere.[BANNER]
When searching for more data about Bayside, there is another problem coming up – there are no recent financial reports by the company. The latest one dates from November, 2010 and reveals BYSD financials by September 30 last year. However, these results are too old to be taken into account, so presently no one is familiar with Bayside’s financial condition.
Above all, the OTC Markets website has published a warning about Bayside, stating that this company may not be making material information publicly available, thus traders have no place to collect any info about it.
Considering all problematic issues about BYSD, it will be interesting to see if the company is going to be or not to be – that is the question.
