Ecomike's Favorite stock picks and Stock DD topics

[RealDutch]

Hey Mike,

I think you should take a look at BDCO

They will report close to EPS $1.62 for Q2 before Aug 15. Pretty reliable estimate because I did all the calculations myself. We are still trading below that ! Below a quarter of a P/E. lol. And no, it's not even Chinese.

Reliable QX filer, tiny 2M float.

They had a good Q1 quarter but Q2 will be about 6x better. It has everything to do with refining margins (also called crack spreads). And this company is selling mostly diesel and jet fuel which has outperformed gasoline by a wide margin.

The market doesnn't know. Yet.
They have a lot of debt in default which is why it has been trading so low in the past. But they are making so much money now, it should no longer be an issue. Quite the turnaround story...

Sorry I didn't visit sooner. But it is not too late.
This is my biggest position by far now.
And the next few weeks will be very interesting.