Hyperdynamics Corp (HDYNQ)

[Money Mike 1]

Its been really interesting watching this stock trade the last three days on high volume with no news. I disagree with all the pumpers on every message board who think this stock will go "magnitudes higher" pre-drilling or that its grossly undervalued. Look, the market cap is $130 million for a company with 0 revenue, under investigation by the DOJ, and multiple lawsuits. There is always the potential for major cost over runs during drilling also. Sure, they are drilling a massive prospect with Tullow aboard, but look at how many promising exploration wells come up dry. This is a very, very risky bet. Don't think this will break the run-up when we were in exclusive negotiations with Tullow $1.20 presplit $200 million market cap. My price target is $10 post-split.