Replies to post #169 on Hyperdynamics Corp (HDYNQ)

[sahd3g]

I have not gotten a reply from Kent or Mike as to whether that IR guy you refer to is in any way involved with HDY at this time. Chris Watts replied that he is not working for HDY at this time.

My guess and hope is that with SMH now involved with HDY, the answer is no....no involvement, no third party relationships etc.

It appears that SMH is bringing in some very serious and deep pocketed speculators and investors. Press releases have been better lately, more frequent, and timed during trading hours in such a way as to eliminate gaps in the chart. It's like all of a sudden, now that SMH in involved, HDY is doing everything right....all depts., all divisions.

I've heard strong rumor that SMH has joint venture partners ready, but that these new guys would like to take more control of day to day operations. A heavy hitter, highly respected in the industry would be desired for the next stages of development. A restructuring would probably get Kent plenty of options and Chairman of the Board/Founder type title. Hopefully the billionaire description with five years.

I'm looking for $3+ HDY soon...been doing some flipping on all this volatility...trades are working well...adding more shares at no cost. Holding tight right now though....hoping not to have to ride it down.

Near term conservative target is $4.50 to $5 from someone who has not proven untrustworthy yet.

If I had to guess...I'd say that a certain nameless IR guy, formerly associated with some stocks you guys follow, might have ticked off the wrong folks. Might be in hot water like some alleged associates already are? What's justice?

Oh well, one JV deal involving tens of millions in cash, can cause HDY to rocket up the charts like a microcap biotech getting a hot FDA approval. That would clean up some past investing mistakes quickly. Hoping for the best...keeping away from penny's and pinks!!

Good luck. Seems to me that buying at about $2.50 and selling half if this hits $5 is a good strategy...keep the other shares as long term holds...on the house. Just a few thousand shares could be life changing money in a few years.

George Ball at SMH thinks HDY is a winner. Good enough for me at this time. Check out the guys bio on the SMH web site...and of course do lots of DD on HDY.