Hyperdynamics Corp (HDYNQ)

[Chesterfield]

There seems to be a big spread between bid and ask much of the time .. then huge bids appearing and disappearing....


It's hard to trust the tape, (currently up 24 to .41) but it could be just bitterness on my part as I sold some yesterday at .35 while it was trading at .33

Anyhow if anyone has any insight into how these OTC stocks trade would love to hear about it..... looks to me like if you buy at the ask of .41 you could instantly be underwater by over 20% if the next trade goes off at the bid of 32

My thinking is this will trade back to $1.00 on DOJ resolution... and much higher if Tullow announce follow through on plans to drilling.

Price of oil is still the biggest negative for this one long term... no one saw that coming. I think long term it's time to get in solars but short term this could double or triple. JMHO

GLTA