tried to short some today in the $8s but my broker apparently didn't have any shares to short.

BDCO reported Q4 revs of just over $1 mill and loss of 3 cents per share on the Q. For the year they lost 55 cents per share on less than $3 mill revs:


http://finance.yahoo.c...

Current market cap I show is around $17 mill so this is not a big company but has seen enormous volume of late.

Here's their reserves report rom annual:

http://www.sec.gov/Arc...

I don't have any idea what the potential is of their Indonesia property having some upside surprise but based off reserves, it does not seem to be a big deal. So I think this company is overvalued at $17 mill market cap given their modest pipeline ownership in Texas and modest O&G reserves report for the production side of their biz coupled with their modest revenues and continued current losses.

Again as mentioned, I wasn't able to short it.

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