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Blue Dolphin Energy (BDCO) Surges On Headlines

February 13, 2012 11:39 AM EST
BDCO Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Micro-cap oil & gas play Blue Dolphin Energy (Nasdaq: BDCO) is on fire today as traders react to headlines of an Israel embassy bombing in India and a defused bomb in Georgia. Israeli Prime Minister Benjamin Netanyahu blamed both incidents on Iran.

Crude oil has moved up on the headline risk and now speculators are playing some of the Micro-cap, low-float names like BDCO.

Shares of BDCO are up 71%.


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