Hyperdynamics Corp (HDYNQ)

[Cougar6]

I have been in an out of this stock since 98. I still have some shares I brought in the $4.00 range although most of my holdings are gone. I think it has potential in the future ... but far into the future. What we can expect in the near term is a reverse split and a drop in shareholder equity of about 30-40%. Pretty standard for a reverse split (actually, that is conservative). So while there is value here if you are willing to wait it out, it might be wise to cut your losses now and reinvest in six months. At least that is my plan.

JMHO