Hyperdynamics Corp (HDYNQ)

[sahd3g]

Nice to know the seismic shoot is complete...now it's hurry up and wait time. The folks who bought into the hype and momentum at $3.50 were probably expecting Ray to walk on water...

Test of the moving averages may happen soon?

My concern is that Rodman has warrants they can exercise all the way back to about $1.58. And, if Rodman is hoping to finance us again after the super success they've had thus far, they'll want the share price as low as possible before finalizing another deal.

I don't know what the details of the terms were for possible sales by the Watts...once the stock hit the min. number of days above $3...I'm not sure if they can then sell up to x% of their shares...even below $3?

Clearly there's distribution going on...I wonder how much more an for how long. The gap up is a natural target for any bear raids on HDY.