Blue Dolphin Energy Company (BDCO)

[downthehatch]

I've decided to wait and post my prediction of BDCO earnings for the quarter after the company posts actual earnings. Much easier to make an accurate prediction at that point.

I will say this, at $4/share and below, I've been buying more shares. Even at just .50/quarter in earnings, the PE here is 2.
I think we will have some quarters at around $.50 earnings, and others higher.
Oil companies, as reported this morning on CNBC, are severely oversold and BDCO is oversold as well.