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Re: se7enhdy post# 8228

Tuesday, 08/09/2011 7:30:21 AM

Tuesday, August 09, 2011 7:30:21 AM

Post# of 21090
This week's been a gut check for all investors and traders. I view it mostly as politically induced drama...over reaction...typical bs that drives volatility. The one unchangeable feature of investing .... human emotions. People in general are often half nuts. LOL

Strong hold or buy imo. HDY will be one exciting play, this year yet. I'd love to see $9+ before drilling, although that now seems a lot less likely. Anything can happen. HDY was near a 50 bagger off lows...from .22 low to $7.78 highs... all not so long ago. From .22 to 33% institutions at $5ish average!!! Simply amazing...while we might be frustrated this week with Ray's NSAI related comments and our expectations...we all need to step back and look at the big picture. HDY is very likely sitting on many billions of barrels...majority owner. Is it a few billion or over 10 billion to be proved? I'm expecting that in five years, the number will be over 10 billion, but a billion barrels will make this a great investment.