Hyperdynamics Corp (HDYNQ)

[casperboo]

This is a bizarre situation. Our all time high of 7.78 happened when we didn't even have a drill in the water yet. Now, with evidence of oil in the concession and estimates of multiple BILLIONS of barrels of oil in the concession, our pps is presently down 91%. Add to that, 8 major oil companies are evaluating HDY data and the pps has no up days based on specualtion alone. It was the announcement of the CC that rebounded HDY to .80 territory - and Ray's substance at the same CC that disappointed the market and has pushed us back 10%.

I can't speak for anyone else, but this ridiculous valuation is getting quite tiresome.

GLTA.