Blue Dolphin Energy Company (BDCO)

[snow]

stocksbelow1 If you are not convinced that this stock is seriously underrated it hardly seems to be a good idea only to buy more shares if the pps plunges from the current seriously underrated level. The view expressed in your post reflects the problem when it comes to getting the pps to a much higher level. The OTC is dominated by short-term speculators who have no insight into fundamentals and no understanding of them. They just trade these stocks based on the way the stock price moves for a short-term gain. Genereally there is a good reason for this attitude. I have read that 90% of OTC stocks will never generate a profit. There is often more and more dilution since the losses have to be financed by selling shares. This company is now generating very big profits. The general rules regarding OTC stocks make little sense in regard to a company like BDCO. The principles regarding NASDAQ stocks seem more relevant to this kind of stock. Thus there is a mismatch. This stock seem currently to have wrong shareholders to a great extent and people who consider buying shares in it are the wrong people who don't understand why buying shares in BDCO will probably be very financially rewarding.