Blue Dolphin Energy Company (BDCO)

[56Chevy]

You might want to search for the more recent analytical research reports. Then take a look at BDCO's book value

The problem with analytical research reports from services such as Morningstar et al is that they do not take into account material event(s). In the BDCO situation that material event was HUGE. Nowhere in their report do they mention, nor account for, BDCO being on the losing end of a $31.3M lawsuit.

Source:

https://www.accesswire.com/472460/Blue-Dolphin-Energy-Company-Announces-Unfavorable-Outcome-in-Arbitration-Proceedings

Technical analysis is fine but it comes with serious limitations.

Marker:
Blue Dolphin Energy (BDCO)
$1.22 up 0.02 (1.67%)
Volume: 1,253