Hyperdynamics Corp (HDYNQ)

[Super_dave_o66]

Yeah, I'm short becuase of the attrocious fundamentals of this corporation.

1) No revenue.
2) Multiple lawsuits.
3) Excessive GSA expenses
4) JV "partners" digging out the contract to shield their exposure
5) An asset in a country which is less stable than 90% of the planet.

Not sure how else to put it, but I don't see HDY every reaping anything from that concession. If I thought there's oil there, I'd get on Tullow's ship since they actually have the pockets to drill that hole and keep the concession. HDY doesn't in my opinion.

I suspect we will test earlier low before to long.