Hyperdynamics Corp (HDYNQ)

[Gamblin Man 2012]

Disagree with you on the shorts bud.

The volume today had nothing to do with it. Likewise, the drop in share price today (most likely) will also have nothing to do with it.

Below average volume is not going to send the shorts into a squeeze. This stock lost 18% last Monday, gained 24% this Monday. Both we're simply driven by the retail side of things on poor volume.

Now, what this does say is that fewer shares are available to manipulate because longs have gained some confidence with five straight non negative trading sessions. If news does come out of a partner soon (which is unlikely), the true squeeze will be on.

But expect this stock to flutter between .65 and .85 for a good long while.