Replies to post #104732 on Savvy Trades and Investments

[hweb2]

BDCO does have some wild swings. Makes for a fun trader. Whoever bought near the $1.60 low today is sitting on a nice gain.

I was a little surprised when this one quickly doubled to $3+ a few weeks ago. P/E is incredibly low, but I think BDCO is going to have some tough comps coming up. As diesel crack spreads have cratered. And jet fuel prices are down sharply as well. Those are the 2 biggies for BDCO.

Q1 report this month might be ok, as the quarter started off decent at least. But they could start losing money again in Q2 unless those diesel crack spreads rebound along with jet fuel prices. The CEO was buying recently in the mid $2's...so there must be some offsetting positive(s) out there.

[hweb2]

Congrats to those buying the recent BDCO dip to the $1's. Monster Q1 with earnings of $1.12/share. CEO was buying, now we know why. Stock should pop much higher today. I still think the BDCO numbers are going to drop off sharply at some point given the plunge in jet fuel prices & diesel crack spreads...but that sure didn't happen in Q1!