Hyperdynamics Corp (HDYNQ)

[Flettster]

Killerbee is still around as seen by today's post:

"Oil prices and everything within the oil industry has changed dramatically since HDY went to $7 pre-split before we drilled the last time. All oil companies are down substantially. Even the Majors. And small oil exploration companies are down a lot more and ALL are struggling. I think the current run is great and somewhat remarkable considering the circumstances. There aren't many, if any, other oil-related companies that are hitting 52-week highs. I do think there is some more pre-drill upside when Tullow announces an actual time table for drilling. But those who are comparing HDYN now, to what was going on before drilling last time are comparing apples to oranges. I have no idea how high HDYN can go predrilling this time. It likely won't be close to where we were the last time. But, to me, it doesn't matter. I'm in this to find oil, not to trade on a pre-drill run up. That strategy was obviously a mistake last time. I am hoping it won't be a mistake this time and that HDY will make the commercial discovery that many of us has waited on for so long. "