Hyperdynamics Corp (HDYNQ)

[TOB]

R/S only have a bad name because they are often done by failing companies.

Just like the Pink sheets and penny stocks have a bad name, because most are scammy salary ATMs for selling shares. But it is not true with every penny stock, and it's not true with every R/S.

HDY is entering an exploration and growth stage. HDY circumstances have changed dramatically from a company at risk of going under, to a company partnered with the industry's most successful oil explorer in percentage terms.

Who exactly is going to sell who hasn't already sold now that Tullow will be drilling an elephant sized target?

It looks like the selling pressure is drying up and HDY is running sideways again. The last time this happened HDY rallied to $1.32.


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