Blue Dolphin (BDCO) Sees a Bid Following Insider Buying

December 11, 2007 12:25 PM EST
Shares of Blue Dolphin Energy Co. (Nasdaq: BDCO) are surging 38% today, after raising 17% yesterday. After the close Friay, Blue Dolphin VP, Thomas Heath, disclosed a purhcase of 40,000 shares on 12/05 at prices from $1.30-$1.38.

Blue Dolphin is coming off 52-week lows. The stock is a low-float name, with just 9.32 million shares in the float.

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