Blue Dolphin Energy Company (BDCO)

[snow]

Ecomike "There are Bio-techs and other stocks out there with no revenue and cash burn with higher stock prices and MCs than BDCO, and the FED is going switch directions on Interest rates later this year, and a new bull market has started."

You are certainly correct tha there are Bio-techs and other stocks with no revenue and cash burn with higher stock prices and market caps than BDCO. The simple reason is that stock prices are based on the expectation of future profits. A case in point I remember from the 1980s was Genentech. It had no and next to no revenue and the market cap was at least severel hundred million dollars. In a few years the market cap was way higher based on realities. There was very fast growth in revenues and profits that justified the past high market cap,

The problem of BDCO is that there is no realistic expectation of rapid growth for BDCO earnings per share in the future because BDCO operates in a sunset industry.