Hyperdynamics Corp (HDYNQ)

[Cougar6]

Someone or some group certainly put a lot of effort into trying to bolster the SP of this one. Certainly institutional buyers were probably not behind the run up since they generally shy away from any stock under a $1. I suspect it will stabilize here or fall back into the upper 50s but I doubt it will shift much without more news. Perhaps some of the 3M traded was insider buying. We will see.