Tuesday, May 31, 2011 9:54:19 AM
Oil explorer Hyperdynamics Corporation (AMEX: HDY) posted its second big winning week last week, climbing from $4.02 to $4.68 - a 16% romp. From the starting point of $3.32 two weeks earlier, HDY has soared 40.9% on pretty good volume for both weeks of the period. It's a great move to be sure, but with no actual earnings on a trialing for projected basis, it's kind of tough to assume the best here.... even if the oil/gas sector has implied a recovery from a slump that began a couple of months ago. Indeed, with the energy sector's weakness only being staved off by sentiment rather than actual supply and demand, HDY owners may want to take what they can get while they can get it.
http://www.smallcapnetwork.com/Last-Weeks-Most-Bought-Stocks-What-to-Do-With-Them-Now-HDY-ZIXI-CALL-DRL/s/via/1789/article/view/p/mid/1/id/7/
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