Replies to post #308 on Blue Dolphin Energy Company (BDCO)

[56Chevy]

I'm stunned....what just happened! Why would someone sell into this news at that price?? unreal.

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Hey Pagz,

Finding comp refinery's to BDCO to gauge the value is tough. My price targets came from the most basic multiple of 10X forward earnings...which is conservative by any standard.

Holly Frontier [HFC] for example has a forward P/E of 11.54.

DTA's were a big portion of BDCO's earnings no doubt...but I'm excited we're turning enough of a profit to use those NOL's. It's about time.