Hyperdynamics Corp (HDYNQ)

[Rule_62]

As for whether you should trade or not, only you can make that decision. My only advice would be to make sure you're extremely nimble if you do.

I lost a considerable amount back in the Sabu days. I've been in and out since, and made a few small profits. Ever since the financing on the eve of announcing the Sabu results and the subsequent hedge fund lawsuit against them, I've been extremely cautious. Personally I will definitely not hold this overnight at this point. I did make one trade on Friday during the insanity-infused run. And no, I don't short in case you're wondering. Never have. Not in my risk-tolerance.

The reason I'm posting the information I have is to ensure those who walk into this blind are aware that the current situation is anything but all rainbows and buttercups. This company is all but down for the count. Could they manage to finagle some kind of lifeline? Anything's possible, but even if they do, the massive dilution that would be required to fund another well, especially given all the gymnastics they performed to finance the last one, is nothing short of mindboggling.