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Time to buy HDY

247,164 Views | 1784 Replies | Last: 2 yr ago by Decay
Charles Bronson
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Wonder what slimeball big money short gave the order to Cramer....

quote:
Hyperdynamics [HDY 5.23 -0.07 (-1.32%) ]: This is a "very speculative stock," Cramer said. He recommends investors be very careful, adding they shouldn't buy above $5 a share.


Interesting timing you sleazy p.o.s.

[This message has been edited by Charles Bronson (edited 8/2/2011 7:08a).]
Phat32
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Phat32
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AG
lots of downward pressure on it now
Phat32
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AG
back below 5
Charles Bronson
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Just bought some more at $5...turn around baby.
Phat32
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Phat32
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AG
http://www.cnbc.com/id/43973392
CheladaAg
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If I had a $#!t load of money I'd buy the hell out of this.
Charles Bronson
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my timing with this stock is horrible
Tonyperkis
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AG
Anybody jumping in... I would expect a pop tomorrow after the huge drop today. Hopefully 3D this week.
Phat32
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I intentionally didn't set up stop-losses to protect myself from the institutions stealing my shares. Bad move.
JackWagon
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I'm in originally at $4.03
To buy more now or not...
Tonyperkis
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Well, I'm back in @ 4.69 and hoping for the best. Gambling is fun.
FTA 2010
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quote:
my timing with this stock is horrible


this. bought back in on the low yesterday thinking it had been pretty flat the past week - ready for a move (move just came in the wrong direction). Cramer's take last night I'm sure didn't help.

Still believe in it though.
JackWagon
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I expect a bit of a recovery tomorrow. That said, I'm usually wrong.

Moved some cash into my account but have decided to sit on my hands until tomorrow. I think...
Phat32
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AG
**** Cramer
thirdcoast
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Solid buy rec from Cramer. He doesnt want retail buying, he wants his colleagues to unhedge and reverse their short position for maximum gain. He basically just released air from the squeeze opportunity. It will be interesting to see if this pre 3d rec causes a downward spike on the next "shares out on loan/short interest" chart.

The combination of triggered stops, margin calls, and option interest may cause this to dip lower or hover around $5 for covering. The same price shares were last issued. Protect your shares.

Simply put- Retail ownership pie shrinks, institutional grows. We have watched tute ownership go from 2% to 30%. It will be interesting to see what the ratio is when the first drilling results are announced.

We know what Cramer thinks about “speculation” from the clip below and we know that he said this:
quote:

“We don’t have any reason to speculate on this, even at $5”


http://video.cnbc.com/gallery/?video=1784555264

BEFORE he said this:
quote:

"That is a very speculative stock...be careful...don't buy above $5."



It appears Cramer’s HDY opinion appreciated with the passage of time. All about perspective.

Wait to take profits if/when Cramer hits the “Buy! Buy! Buy!” button and red bulls fly out of your 3d TV into your living room.

[This message has been edited by thirdcoast (edited 8/2/2011 11:20p).]
Charles Bronson
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Here we go, going to be another brutal day.
heisatouchdown
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Balls... damn you unpredictable HDY, would've loved to gotten out at the $5.80 mark or whatever the highpoint was and jumped back on now :/
jrt336
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From looking at the technicals it looks like it could go down to $4 before coming back up. Although this could end up being a decent dip to buy on.
thirdcoast
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AG
Put some ambitious orders in to short some $4 Sept or Dec puts.

Plenty of hedgers and some clueless gamblers expecting further decline.
Tonyperkis
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AG
So when is the 3D data supposed to be released? I thought it was supposed to be released during July.
FTA 2010
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Yes it was supposed to be sometime in July.

Here is a thought- just throwing this out here as a possibility and let you guys determine. Would the 3D data release be possibly delayed because the results from the seismic evaluation were not as expected (aka not showing what they had hoped)? If this is/was true, would they send everything back to NSAI and request a re-evaluation to be sure before releasing any data?
Charles Bronson
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Possibly I guess...not sure. My bet is that they have the results and are waiting for the market to turn in order to release it without having the wind sucked out of the sails. Really glad they didnt release it either of the last 3 mornings. I really hope it's as good as Ray has been hinting at though.

Even better, would be a nice unexpected surprise for longs and uppercut to the shorts if it turned out Ray is witholding release of the report b/c he is in negotiations with a potential big JVP or buyer. Long shot though imo.

[This message has been edited by Charles Bronson (edited 8/3/2011 3:48p).]
thirdcoast
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quote:

delayed because the results from the seismic evaluation were not as expected (aka not showing what they had hoped)?


If anyone here is in for 46 shares they may be oblivious to Ray’s recent comments on the subject weeks ago.

He publically announced that results were very positive and that reserve estimates increased. He went further to make comments that he felt the NSAI news should positively influence price.

Having monitored mgmt from the annual shareholder meeting to now, I have seen nothing to suspect any type of misleading information is probable. It would be devastating for any CEO to make such bold statements into the release of a dud report. For this reason I am confident the report will yield positive geological results, separate from the reaction the market has to them.

I suspect this will be a case of inflated expectations being met with positive results at worst. (pull back)
At best, a huge flood of buying and subsequent short squeeze. (sustained climb)

We will soon see.
Phat32
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either way, this last week has hurt
Charles Bronson
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You're tellin me. Lookin to make a quick buck, i sold at $4.40 a couple weeks ago on what i thought was bad news, bought back in at $5.22...bought more at $5.00 2 days ago...and it turns out i could have just waited a few more days and bought back in close to where i originally sold...sh*t, may even fall back down to $4 or below in the coming days. Wishing 3D would have been released at the end of July like Ray said...after the estimated date had already been pushed back several times already. I believe at the annual shareholder's meeting he said we could expect to see it in May.
AP Ness
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bought more this morning at 4.41 to add to my initial purchase at 3.97

now lets get that damn 3d report out.
country
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Just curious who has the most exposure to HDY on this thread? I've been following it and to say that it has me intrigued is an understatement. I like to lay a good sized gamble down on a stock from time to time and this one may be it. Assuming everything goes as planned, what's the top end of this thing looking like to everyone? Would you roll a significant amount in right now with it being back down toward the $4 mark?
Charles Bronson
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I am a very inexperienced investor, but have been following HDY closely for about a year now. If i had more cash, i wouldn't hesitate to buy big down here. However, if it were me, i would wait and see what you could get it for tomorrow. I am fully expecting $7+ by drilling in October.
harge57
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I will answer your question by saying that I am confident in the stock. My average cost per share was ~3.30 and I bought more today because I do not think I will be able to buy this low again on it.
country
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Thanks guys. Appreciate the commentary and have really enjoyed keeping up with this thread.
thirdcoast
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If you want to look at this whole thing in a very simple fundamental way.

Consider the calculation of $30 pps based on reserve estimates and price per risked barrel on a major discovery.

Now consider a price of $0 if HDY drills 2 dryholes.

General success probabilities in the region average at 50%. The probability based on that average would put total failure of 2 dryholes at 25%. The odds of at least one non-dryhole would be 50%.

Obviously the specifics on how big the discovery and 1st vs 2nd well results will play a major role. But simply looking at the probabilities and upside vs downside this is very attractive...the risk is worth the potential IMO.

All that being said the technical factors on this largely retail owned stock and general market conditions should not be ignored. Nor should the lack of infrastructure in the region and how that effects operations.

This is an e&p with no earnings and all their eggs in one basket. Considering the geology I believe the risk left is priced in to the point of significant undervaluation.
Tonyperkis
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Hit the 3s
arson keg
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quote:
Blue-eyes
posted 2:09p, 07/13/11



I bought HDY at $4.20 yesterday

sold the Aug $4 calls for $.65 today
 
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