If the end result of Sabu-1 was so bad, then why has it taken 3 months for the share price to get to .72? The share price reached 1.49 a few weeks after the February news that commercial oil levels were not found at Sabu-1 AND the company has hired Bank of America to handle an upcoming deal. Farmout news sent HDY to 1.30 and now we see daily decline?!

It seems as if multiple forces (no doubt including some of the shorts) are working overtime to drive the HDY share price lower and lower for malicious reasons.

Smart money is looking to accumulate at this level. I don't expect it to last much longer.

Agreed. I don't know what effect, if any, that article will have on tomorrow's trading. HDY has already been down more than 5% for days on end and the irrationality of such a decline given the company's cash position and four year rights to the concession do not equate.

The stock is very much undervalued and oversold.

IMO, Blackrock could be looking to buy the entire company. They paid $150 million for 30,000,000 shares. The marketcap of the entire company is now around $120 million. That is a disconnect. Fundamentally, nothing has changed except that HDY can't drill again on their own. The concession is worth more and more each day and I believe Blackrock knows this. They could buy the company and then negotiate with a major oil player that is more experienced.

That article makes it sound as if the company is at the end. Nonsense. A new leg is just beginning, and at the completion of it, all shareholders ahead of where they are at present. Ray has work to do and he is doing it.

THANKS to Peak_Oil_Investor on IV for an excellent post:



"Conference call confirms JV process is on track. I think we are very close now...just ignore the shareprice IMHO
...RL confirmed that the shareprice is in a disconnect. So, ignore it, at least that is what I am going to do. It seems like to me from the CC, that we will most likely have a deal out in the open before August. We could have it out in the open when RL goes to Guinea in June. So, by any measure, we are just a few weeks away from an out in the open deal. The speculation of an impending deal can hit at any time.
....I view the shareprice as an attempt to relieve longs of their shares. My best evidence of this is:

1) News keeps getting better, the stock keeps dropping
2) Shorts have been covering in the last two reports
3) If confirmed, Blackrock seems to be upping its stake

...They may already be farther along than they are saying. Like I have said before, there could already be an informal deal on the burner, and now everything is about getting it formal and allowing for competitive bidding.
...I keep thinking that when all is said and done, the deal gets done for a price above Blackrocks initial investement. $5 may seem high now, but there is no reason why it can't happen."

How rational is ANY selling at this sub $1 pps?

When Ray announced after the bell that day that Sabu-1 did not contain "commercial quantities" of oil, HDY stock had a low of 1.01 the next morning and rebounded temporarily to the 1.40s within a few weeks. NOW the pps is only half of the disappointing Sabu-1 well announcement best rebound pps.

When the heck will the selling end?

What the hell is REALLY going on here?

Why is Ray intent on not scaling back his staff with limited financial resources available?

I have listened to the entire CC. The main thing I like is that he said, "We will be drilling another well."

What do folks here think he would accept as a buyout for the entire company?

In the CC, he says that roughly 40% of HDY's portion of the concession is available in the farmout.

IMAGINE the positive impact of the following PRs if they ever happen:



1) BLACKROCK buys 30,000,000 more shares...


2) AGR returns $19 million to Hyperdynamics for gross negligence in hiring Jasper Exploer and for the numerous and costly mistakes made by Jasper...


3) New 3D analysis shows that the concession likely holds more oil than the most liberal estimates had previously maintained. 10 billion barrels of oil may be awaiting discovery. Potential partners are beating down Ray Leonard's door. His budget allows for replacement doors daily at this point. LOL.

OOPS! I mentioned the word "liberal" in my #3 potential PR. Now we'll never hear the end of it from the FARKS at IV. LOL.

Disgusting.

BID ASK
.7001 X .7002

Congratulations to all ARNA longs!

I do not hold your stock. But I notice the 44.6 million shares short and it reminds me of NAVB (a pharmaceutical I do hold) with more than 12 million shares short and an FDA approval very likely within 3 months.

Enjoy your gains today and it seems obvious that the shorts will push the shareprice for you guys well beyond the true value of the stock - take some profits TODAY because of that reality.

GLTA!

I think I can summarize how many HDY investors are feeling at this point with the following question,

HOW MUCH HARDER DO WE HDY INVESTORS DESERVE TO BE KICKED IN THE FACE RAY?

I hope Ray isn't planning to tell us that he blew another $20 million on a trip to Vegas.

What ever happened to Sugar Ray? I haven't heard that it a while. LOL.

All things considered, today was a good day. The stock tried to see .82 several times and while it hit an absolutely disgusting low of .74, it rebounded to .8036 (almost even) by the end of the day.

All of this hitting peaks and then falling right back tells me that there are some shorts that are trying to hold the price down - perhaps until Thursday in anticipation of bad news. I expect good news, but if we get bad news on Thursday, depending on what it is, we could be in the .50s or .60s. Good news should put us over 1.00 again.

Two more things for the record:

Shorts - I hope you get it in the arse sooner than later. You should have been covering by now.

Serfcorp - STFU. Your doom and gloom predictions of a low HDY shareprice are unwarranted and certainly unwelcome.

Double bottom? If .80 holds, that is exactly what we have here.

It seems quite foolish for longs to be selling prior to 5/10. The CC could be terrific news coming and there are very few longs holding HDY that are making money selling HDY below 1.00.

The float is only 166,000,000 shares. RL will do all that he has to do keep HDY from getting delisted - I really believe this. I expect a farmout update on 5/10 and a return to 1.00+.

With $50 million in the bank and the rights to the concession for 4 more years, selling at .80 seems premature and very unwise.

And as for any new shorting that is happening now, how stupid are the shorts? They should be covering and walking away.

Thanks for your response. 5/10 damn well better have some good news for us.

If RL could find it within himself to disclose in a PR (or in the upcoming CC) that the $10 million has been recovered or put to use for a DONE DEAL, we would rebound perfectly.

If RL had only lost $60 million on the dry hole Sabu-1 instead of $100 million, we would be in far better shape BECAUSE we would have approximately $90 million in hand and probably could have started drilling the next well ALREADY. With only $50 million, his strategy is limited.

INCIDENTALLY, I wish RL had already set up the current farmout plans PRIOR to disclosing the dry hole announcement SO THAT HE COULD HAVE mentioned such the same day as the dry hole announcement.

I would still like to know why the pps kept falling and falling in the weeks PRIOR to the dry hole PR. I'd also like to know why the all-time high for the farking stock of 7.78 came 8-9 months prior to the company getting a drill in the water AND WHEN THEY DID GET A DRILL IN THE WATER the pps struggled to maintain 5.00 and did so only briefly.

Does RL still have the same incentive to get the HDY pps to 9.00+?

It sure would be nice if he would deliver on such.

35,500 shares here - average price $.96. HDY darn well better be the bargain of the century under 1.00. If RL has anything negative to say on 5/10, I hate to see where the pps goes afterward. With any luck, the news will be so good we'll get a temporary trading halt followed by a pps gap up to 1.75.

GLTA.

I sure as hell hope RL knows what the hell he is doing at this point. The pps ran to 1.30 on news of the farmout and to my unpleasant surprise, it hasn't taken very long to revisit the .80s. I lived through the 1980s. Enough is enough.

WHO is SELLING and WHY?

HDY owns the concession rights for 4 years and has at least $50 million in cash. More cash could come in if they recoup some of the $10 million and/or recoup millions from Jasper for all of the drilling flub ups.

Today's trade by trade:

13:40:03 0.035 100 OTO
13:40:01 0.035 42737 OTO
13:38:33 0.035 42163 OTO
13:38:20 0.035 180000 OTO
13:27:53 0.035 350 OTO
11:26:59 0.035 400 OTO
10:12:36 0.0265 45000 OTO
09:58:57 0.0265 5000 OTO


That 180,000 share block looks great.

I think JADA is trending up.

.045 tomorrow?

From the VMGI pps, it seems like Veve is "breaking wind" and breaking investors. The pps is disgusting, as is Veve's continual inaction and lack of performance?

Will this garbage stock ever see .02 again?

More accumulation today at .035. 62,000 shares traded at .035 and they were the last two trades of the day.

It is interesting to note that for the 9 trades today that totaled 136,000 shares, only 10,000 shares traded in the .025-.026 range. It sure looks like someone is accumulating.

Don't forget that there are only 80,000,000 shares out there. Any real volume in excess of 500,000 shares in a day would really move this imo.

GLTA.


JADA TRADING for 4/30/12

15:04:04 0.0373 350 OTO
14:57:45 0.035 47500 OTO
14:45:32 0.0252 5000 OTO
14:30:09 0.026 5013 OTO
11:51:55 0.038 40000 OTO
11:39:19 0.038 2000 OTO
11:26:59 0.038 10000 OTO
11:26:44 0.0379 3700 OTO
11:26:34 0.0379 3300 OTO
11:26:31 0.037 10000 OTO

Thanks for answering my question. I'm looking to add if the pps remains depressed here. Their PRs from 2012 have me convinced that the company is legitimate, regardless of their perpetual inability to respect American investors with TIMELY financials.

GLTA.

With a marketcap near $160 million and given the fact that the company has $50 million in cash with no debt, they are worth $0.31 per share just for the cash they have on hand. And given the potential value of the concession in BILLIONS of dollars, I think HDY is one of the better risk/reward plays out there at this level.

I don't expect the pps to jump back to $3 or $4 overnight, but I believe the trend is now up - and gradually so. For me, the farmout news solidified my interest in acquiring HDY and waiting.

I was awaiting substantial news and that update satisfied me. The awaited 3D news could send the stock parabolic.

Add to cash on hand the fact that HDY has 4 more years of rights to a huge oil concession.

Oil was discovered in Sabu-1, just not commercial quantities.

When HDY runs, it really runs. I'm excited to be accumulating at this level. I do not expect a return to .80 ever again. And 1.30 again before May 10th should not surprise anyone.

HDY is getting attention and will continue to get an increasing amount of attention.

Cheers!

GLTA.

We still don't even know why the E was added to the symbol, do we?

I expect this stock to trade at 1.00 again someday and my hunch tells me that .12 is a steal, if only to throw the stock in the drawer for a while. I say gains will come.

Low sharecount. Marketed products. Patience and boldness at this level.

45,000 shares of JADA were purchased today at .035 in a single trade. Someone wants shares. Resistance is showing in the .04s.

Off topic - CKGT is now CKGTE. Ouch! I held 3,000 shares of it and sold it all for a tax loss. I think it is a great trading opportunity at .12 and below. We'll see.

Off topic - XING is halted. Ouch! I hold only 1,000 shares, but I'm not happy! Will this ever trade again?

And JADA? What will happen? Could the symbol change back to JADAE like it did briefly in 2010? I don't recall why it changed for JADA, but it changed back to JADA rather soon after. No halting for JADA, but no word from the company either.

GLTA.

OT - question sahd3g,

What do you think of HDY at present? If you care to converse through private messages, that's fine too. I see it as an amazing bargain at .85.

Thanks.

"I believe it bodes very well for getting news in the not too distant future"

Absolutely. This looks and feels like the prequel to a real, signifiacnt, sustained rally that will be launched with fireworks...and it's only March 4th! Who knows where the pps will be in July! LOL.

No one is selling. Buying is moving it upward. Amen.

Very few sellers in sight and only 17,000 shares were available on the ASK at .045 toward the close today. Anyone see it differently?

JADA is moving up on very light volume. Imagine what real volume would do. If SCEI is any indication that Chinese stocks can turn around (and just how fast it can happen), JADA could return to .50 in a heartbeat. Imagine a 10,000,000 share day.

The BID is getting stronger. How nice it would be to hear something from the company or their new auditor.

Toward the close there were 210,000 shares available at the ASK for .04 and only 5,000 shares on the BID of .035. If anyone else has a different count on these quantities, please share. I wonder if the seller at .04 bought at .01 or if this seller is happy to cut losses and depart at .04.

I don't believe it is accidental that JADA is moving up, though it is most interesting considering that the website is still down, the stock is listed on the pinksheets, no audit results or even an auditor has been named, and the company has said nothing in over one year. Numerous China stocks are rebounding simultaneously however, without explanation.

Someone is buying! The selling and dumping that took JADA too .007 and .009 is over. The CSRC (the Chinese SEC) is supposedly promising to investigate stock fraud and root out the nonsense (check Yahoo Finance message board post from today). This all seems very good.

Any PR from the company and I think a dime comes back overnight.

If an auditor confirms the company cash on hand to be between $10 and $20 million, JADA is easily a .30+ stock again.

BLLZ has enormous potential, substantially higher revenue and profit in 2011 over 2010. BUT there have only been 23 BLLZ trades since September 2011. SOME OF THESE TRADES ARE ONLY FOR 5,000 SHARES. If Welch's family owns close to 75% of this company, I would think he'd do FAR MORE for the value of the stock. It is a good company so TELL THE WORLD WELCH!!!!!!!!!!!!!!!!!!!!!!!!!!!!
My source for this trading information is freerealtime.com - enter BLLZ in the window and then click on time/sales in the window directly on the right.

WELCH, this is disgusting. Start promoting your company and doing something to build shareholder value IF you have ever heard of such a thing. The company is a holding company?! GIVE US SOMETHING TO HOLD ONTO!

OT - I hope you traded HDY a ton when it was trading at 4.00+ and took money off the table. IMO, 3.00 is not coming back for a long while. And to hear that they might not drill again until 2013?!

I'm no RL fan...

Sorry for the outburst - truly. I have no interest in being moderator on any board. My opinions and insights create controversy close to half the time.

I expect JADA to rebound STRONGLY above .03 in the next 2 weeks. Something is up and there seems to be more buying to come.

OT: What do you think of HDY at present Randy?

W T F is going on RANDY. RESTORE MY POST NOW!

Please restore my post. Nothing was objectionable in it.

BFAR is like a distant cousin of JADA because of the auditor...and their comeback is a very good sign that JADA will soon do the same.

I believe JADA is headed back up, way up. But it may take months to see .20. I don't believe this buying is an accident.

GLTA. Our day is on the way.

"He stinks as a ceo."

Did you figure that all out on your own? LOL.

Thanks sunsailor.

Let the good Lord hear ya! I'll take a 20 bagger here. And indeed, other beaten down China plays are starting to come back.

CKGT recently hit .51 after months of being under .40.

I'm starting to think JADA is about to rebound, at least a little.

GLTA.

"on the plus side the chart is cycling..."

So does every woman on the planet at one point each month or another.

This company is pathetic. Veve needs to be replaced and a shareholder lawsuit needs to be filed.

End of story.

That's all she wrote.

And if one wants to compare VMGI to mentrual messes, I'd say such bleeding is far prettier than what has happened to the VMGI pps since the reverse split.

Thanks Veve!

I agree. The website needs to be resurrected, and with that and a solid audit, the pps could go parabolic.

Anytime now...

I'm still here Rocket Rodney.

I follow the Yahoo JADA board for some laughs and to see where their optimism and pessimism comes from.

Does anyone else here have a take on the Yahoo posters for JADA?

Oracle seems to believe it will rebound someday, as does sunnsailor. Several other posters there are brutally negative about the stock and claim not to hold any shares...Why do they even bother to post then?

If there is a turnaround coming here, I think it may be more than 12 months away. Auditor results seem to take much longer than most investors care to wait. But with tax loss selling over, I hope that all talk of JADA seeing 0.007 is wrong.

How nice it would be for THE COMPANY to say something to make the stock worth more than where it currently trades...

Did anyone call John to ask about his Thanksgiving?

He certainly ruined many other families holidays this week and those yet to come.

Thanks again John. Don't spend that unemployment money all in one place.

Maggieme BABY!

I spoke with a Yahoo poster who called the company recently.

Several questions were asked of the individual who answered the phone, and the response was check the website, everything is up to upper management, and business is as usual.

FWIF, I am thrilled to hear that they are still answering the phone. Chinese companies can take years to develop a business plan. I'm sitting tight and holding my shares.

I hope all enjoyed Thanksgiving.

John can collect UNEMPLOYMENT.

The only trouble is, it will be a fraudulent claim. He never got a damn thing done as the Viyya CEO, so why pay him $450 per week for at least 6 months (and maybe 4 years with extension after extension).

He claims he hasn't been paid in years. Well, good news Johnnyboy, your broke state of New Jersey will be sending you some much needed funding soon. I think I'd rather see New Jersey burn the money at one of their state casinos than give it to John.

But John, if you want to buy my restricted VRED shares, I'll take one of those unemployment checks.