Blue Dolphin Energy Company (BDCO)

[snow]

downthehatch "And he believed BDCO shares are a better investement than any other investment he saw out there (others that would not have to be reported to the SEC, by the way)" Of course you may be right. But your explanations are pure conjecture on your part if you have not talked to him.

Leaders of companies sometimes buy shares in the companies they lead or even largely own because they know that the stock market will interpret their buys the way you do. They may have various reasons why they would like to see the pps higher. But I think too that there is a fairly good chance that the pps will be higher than 3.5 dollars during the next three years. I doubt that the owner of about 80% of the shares of this company bothers to invest the sum of money in question in other companies.