Hyperdynamics Corp (HDYNQ)

[jugs]

HDYN passed gas yesterday---as in found itself somewhat deflated after a terrific run-up of late. Day traders often will not sell off at the close of a trading day if momentum is outstanding and pointing towards substantial profit opportunities just ahead. I think we saw this sort of realigning over the last couple of days.

I added several thousand shares, taking advantage of the chance to pay considerably more than before yet well below the price point I'm expecting we'll soon see. It may take a few days to self-correct but I'm confident we'll soon rise well past the $2 level and begin anew towards much higher horizons---especially if Tullow follows through by announcing a favorable drill schedule. Absent Tullow intervention, I see us drifting between a possible support of $1.50 and points just above and below.

Just my views, mind you, as I have no inside information.