Hyperdynamics Corp (HDYNQ)

[Chesterfield]

Trading on Tuesday?

Anyone have any thoughts on where this will go on Tuesday.

Hard to predict trading on the OTC, obviously it will move up, but how much? ... buying a gap up is always a tricky proposition with just one Market Maker.

My thought is that this greatly reduces the risk in that it removes a huge block to anyone interested in acquiring HDY. So it clears a path for a plan B exit strategy in the event of Tullow not Drilling for whatever reason.

But will any sizable buyers show up, with Blackrock having exited will any other institutions step up for a piece of a delisted Oil explorer in this environment? That is a big question.

And well done to those who added at .20 and below .... Could be some selling from those folks into any big gap up.

My current thinking is of adding if I can get any in the .50's on Tuesday but if it goes higher probably not .... Oil prices could still be a game killer here.

GLTA