Hyperdynamics Corp (HDYNQ)

[top_professor]

Besides not drilling until 2014 like most think including myself, I think it's the r/s issue that is scaring others. The CC will answer both of these concerns. If r/s does become an option, the price will drop quick. It would be nice if Blackrock would keep the price above $1 so this is not an issue, they own shares in both companies. It would be in their best interest to raise the share price, they got the power and money to do so. Although if HDY announces that they will drill sometime in 2013 then I see some of the traders coming back in for that run for pre-drilling. Hope they strike oil, don’t see Tullow completely leave if oil is hit but comes across minor issues than just drilling a complete dry well. I like Tullow, all the nonsense I been hearing about them trying to drill a dry hole so they can “steal” the concession from HDY is absurd. I don't think our BOD are that clueless. They got the team to work with HDY so they can pick a spot where oil can be found. At least we won’t have the three stooges drilling like we noticed in the last well.

What I do see is them hitting on the first well then on to the second well but have a feeling that HDY will sell out. Don’t see them staying around until 10-15 wells are drilled. Don’t want to look ahead but with Tullow as a partner and Blackrock as a supporter, I like HDY’s future just sucks that the shorts are working hard to keep this price down where reverse split might be in the works. 17 million shorts is a high number.
BTW, what is Dana doing. Why didn't they help with the drilling on the first well. I feel they are just sitting in the back seat enjoying the ride, I guess. I feel they are a waste.

I do enjoy reading your charts and find this board more useful than the HDY board.