Setting the possibility someone knows something we don't aside for a moment I can offer you a few thoughts to chew on. I've held this stock for 5 years and in that time I have seen wild shifts in the pps...some [shifts] were explainable. For example; losing the lawsuit with GEL for $30 million doesn't take a Harvard math genius to break it all down. And on the other side of that coin I've seen some massive jumps in pps that were completely baffling.
I've seen 400k shares trade for a nickle each ...and Ive seen BDCO hit highs approaching $10 @ share.
Such is life when you're dealing with an illiquid stock and with very few hands holding the remaining float.
The illiquid situation forces somebody wanting out to accept a ridiculousLy low pps. Some of those sales are what is known as a "negotiated transactions". For example- Im certain the guy that sold almost 400k shares in one transaction about a year ago for a paltry $21k had a pre-arranged buyer waiting in the wings.
So to sum this up...its anybodies guess as to why we're seeing what we're seeing. But I know it's not fun.
Earlier today BDCO was down a whopping 53%. Welcome to the BDCO bus. "
Marker:
Blue Dolphin Energy (BDCO)
$1.05 down -0.05 (-4.55%)
Volume: 1,62
“The heart is the first thing that wanders away from God, and it is also the first thing that returns to God.” ~ Charles Bridges 1794 ~ 1869
Recent BDCO News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 09:45:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 12:43:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 05:48:08 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/15/2024 09:09:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 03:35:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 09:15:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 12:34:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 10:01:56 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 09:43:19 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 06/04/2024 07:49:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 07:57:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:51:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 08:13:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 10:22:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 09:49:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 10:23:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/15/2023 02:09:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 07:26:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/03/2023 05:45:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 06:56:45 PM
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