Hyperdynamics Corp (HDYNQ)

[andrius]

Stock is down 96% since the news. Stocks in bankruptcy and with news of shares getting canceled/deleted usually don't even drop 96%. One would think bad news already priced in.

Not denying your DD but even stocks in bankruptcy that numerous times PR shares will be wiped out still run .10 to $3 etc. I even seen a stock announce shares getting deleted end of day run .01 to $1 intraday lol This company doesn't even have any debt so its not like some creditor will be forcing them to liquidate to close shop. Reverse merger is just one possibility. Company with no debt can also find ways to raise money. How many pinks are out there with no revenues and millions in debt raising money year after year?

As for shooting craps yes this is a lotto. Don't like high risk stick to blue chips.