Replies to post #449 on Blue Dolphin Energy Company (BDCO)

[lisg]

Hi American Dream,

From one perspective, BV represents the investment to create earnings

If I observed year over year net positive earnings, then I’d say a good investment was made and BV meant something worthy. Else too much spent making an asset unable to reliably generate profits.

Might be a poorly structured agreement with the past supplier that kept this asset non-performing. If that simple, then could be a great return from here.

-Lisg

[56Chevy]

You might want to search for the more recent analytical research reports. Then take a look at BDCO's book value

The problem with analytical research reports from services such as Morningstar et al is that they do not take into account material event(s). In the BDCO situation that material event was HUGE. Nowhere in their report do they mention, nor account for, BDCO being on the losing end of a $31.3M lawsuit.

Source:

https://www.accesswire.com/472460/Blue-Dolphin-Energy-Company-Announces-Unfavorable-Outcome-in-Arbitration-Proceedings

Technical analysis is fine but it comes with serious limitations.

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Blue Dolphin Energy (BDCO)
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