Hyperdynamics Corp (HDYNQ)

[Chesterfield]

Too late for me to protect myself from this disaster. We are at 16 cents pre split .... My average is about $2.00 I think, and my options are beyond toast. And I still don't know WTF has happened. Damn annoying.

I'm still slightly hopeful that whatever the issue is will be resolved to Tullow's satisfaction and we see one Epic rebound. But unfortunately I feel the most likely outcome is that we fizzle away to nothing and we end up suing Guinea and Tullow and in serveral years a tiny payout will be made with what is left after the layers have had their fill.

Ray bought options at .49 so he is in the hole on those ... I find that somewhat satisfying.

I wouldn't be a buyer here but a swift entry after news that Tullow are lifting the FM might be the way to play it... even if it popped 50% on that PR we would still be only at $2.00 but hopefully on it's way back to $5 in a hurry.

However, Most likely if good news comes out such as that, we will be the last to hear it .... We will see volume and price up for no reason and by the time we get the news it will already be much higher .....

It's a rigged game we have signed up for no doubt about it.