Blue Dolphin Energy Company (BDCO)

[RealDutch]

Ok. I don't have any experience with oil companies but I think I have a good handle on this one.

It should be possible even to calculate profits for Q2, in theory. We know the price of jet fuel. We probably know the cost of crude oil as well. So we can make a comparison between Q1 and Q2 and determine gross margins for Q2.

But I'm going so save myself the trouble because we are probably heading towards EPS $0.50 for Q2 anyway. If not better.

Another shareholder we both know will look into what kind of multiples we should be expecting here compared to the sector. He is better than me at this kind of research.

And as I said to someone else earlier today. It gets better here if the share price goes higher. Because the debt issue (and it is an issue) will become less and less of an issue as the pps goes higher....