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Citron Comments on Pyramid Oil (AMEX:PDO)

Posted in Citron Reports by CitronResearch on the June 24th, 2008

 stock ticker: PDO
Yes we know that crude oil prices are trading 40% this year, and no we do not want to call a top to the oil market, yet speculation in crude oil prices has only been outdone by speculation in small oil stocks, to this we call your attention to Pyramid Oil (PDO). With $1.6 million in Q1 Revs and $27 mil in P1 reserves, PDO trading at $44 a share in our opinion would be as if oil was trading at $400 a barrel. 

To see what this company has to offer look at www.pyramidoil.com

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