I don't get the sense that BAS is much of anyone's radar screen, but from my perspective it sure seems like an interesting way to play oil and gas service providers.
BAS is not going to turn into a Halliburtin (sp?) anytime soon. Like you say, it looks like a very fractionated market and the daily rates seem pretty low.

I just think BAS's business is probably about as poopy as it can get these days. Especially with the Nat Gaz market being as bad as it's been (though showing some life recently). I've already made 40% in just a month or so. Probably should take some change off the table, but I also look at technical data and BAS still does not look overbought by any of the metrics I follow.

With oil and gas prices continuing to rise and a weak dollar I think energy is still going to go up, so I'll just stay on this little train for a while longer. I actually think BAS should be a $12-14 stock. That's where I think she'll get to