Big buyer accumulating here.

That $12 price target was before the patent awards, and FDA submission. Look for that target to be raised very soon.

Easy hold. Double figures could come quick.

Haven’t sold a share. Using IRTC as a comp. Sky is the limit here.

this is the easiest and stress free investment I have made in years. See you at 1000% gains in the near future. https://ir.heartbeam.com/?_gl=1*nf6i6v*_ga*MTY0ODE4NTI3MC4xNjY0MTI3NTQ5*_ga_WW8VDXM30P*MTY2NDE1NjE0NS4yLjAuMTY2NDE1NjE0NS4wLjAuMA..

Bought in big here this morning. Long hold.

In at 15, still holding every share. This is a legit $100 stock, with $400m in revenue, and a 25% YOY growth rate, backed by some of the biggest companies in the world, including JD.com, which has 100’s of billions in revenue every year, and a 12% stake in GCT.

I'm buying.

Sorry, but that’s totally your style. Been trading for 20 years, and know your style.

Someone would like to get some cheap shares here apparently.

We will have to politely disagree with this one.

Stock is a very cheap shell, with a CEO that has had success with other tickers, just got current. Looking for something to merge in here very soon. Could be 10x this price in the near term.

What scam? It’s priced as an inexpensive shell.

What do you think of RLTR and VAPR having the same CEO?

I like it!

Investors adding today should be very happy. Huge potential exists here for an incredible increase in share valuation.

Looks like GCLT is getting ready for the next leg. We should move up nicely over the coming days IMO, Aiming to push beyond those recent highs here.

50% down from yesterday's highs. I'll take some.

A lot of shorts are going to get margin calls overnight.

$62M in valuation, assets and cash, and selling for $1.2M market capitalization. There is a merger coming here for sure, they are preparing this for a reverse merger, as the recent filings suggest. Somebody is buying all those shares up!

Good things coming for shareholders here.

BDCO seems ridiculously cheap at these levels.

Now let's see those contract announcements! You know they've been working on them for awhile. I'd bet several were waiting for FDA approval.

Next week $15+ possibly. Contract announcement over the weekend and all bets are off.

That merger is very tenuous, can be cancelled by either party, and won't happen until Oct. at the earliest. I doubt it ever happens. they're going to have so much money after this squeeze, maybe they'll buy Netflix!

Funny thing is …profits are profits, there’s really not much of an argument against that.

Noticed that.

Red to green, New HOD, A lot of strength, and huge catalysts moving forward.

Very nice!

Valuations!

From RealDutch

EV/EBITDA for oil production companies = 8.3

EV (Enterprise Value) for BDCO = $72M
This is the price you would have to pay when you acquire the company (which includes all the debt).

EBITDA for this year, oh dear. Why not make it $72M?

Then EV/EBITDA = 72/72 = 1
Which means we are 8.3 times undervalued which means we should be trading at $10.

So far good?

But things are going to change around here. By year end the company will be debt -free, we will be trading at $10 and have a market cap of $150M.

Then EV/EBITDA = 150/72 = 2.1

IOW, we should have a market cap of 8.3 x 72 = $598M
Which gives us a share price = 598/15 = $39.9

I hope I didn't make any mistakes. I'm good but I'm not that good.
So please correct me if I'm wrong.

lol

Nice opportunity for new investors to step in this morning.

BOOM! Insiders buying!

I read they were expected to come back on line, after being down for maintenance, but damn if I can remember where I read that.

...and that's conservative.

Your figures are excellent.

Current P/E is about 1.3, with current revenues for the next year (based on the last quarter) 26M/yr profit, and 14.8M shares outstanding (2M float). This profit margin is based on last quarters oil/gas prices, with oil averaging less than $100/ barrel. If the price of oil rises to the projected $150 / barrel, profit margin rises exponentially. Exponentially!

When I say exponentially it works like this. If a company is working off a 1% profit margin, and the price of their product rises by 10%, that equates to a 100% profit increase. Now ask yourself how much the price of gasoline has gone up over the past 3 months. More than 10%...?

Based on last quarter's oil prices (Less than $100/barrel) an appropriate PE of 10, puts the share price above $17.

When the projected oil shortage peaks and prices rise to $150/ barrel, that could equate to a share price somewhere in the clouds, and make $17/share look like the ground floor.

Agreed.

Happy to leave my money parked here.

BDCO seems so vastly undervalued right now, I don't think we will see a correct readjustment of price for a few weeks, if not a couple months. $3.50 seems like a very short term goal, which of course is nice, but still grossly underpriced. I have no intention of selling anytime soon. Very curious to see how gasoline prices play out as the summer travel season begins. If BDCO is under $20 at the end of summer I would be surprised. I am also curious, with the increased market cap, if they relocate to the NASDAQ or NYSE.