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Bobwins

06/19/14 10:14 AM

#235 RE: Bobwins #234

Boom! BDCO +1.90 to 10.49!

Chased it again this morning and bought a few hundred at 9.35. Guess I'll sit and watch the fireworks now. If you annualize Q1, you get ~2.40 fwd eps. Give it an 8 p/e because of microcap size and one refinery setup and you get $19.20.......

Will it get anywhere close? Stay tuned to Q2. I think if they are close to the .59 eps number again, we should spike towards $19. Rising oil prices may allow them to squeeze an extra few pennies in margin....