Looks like Blackrock may want the shares back they lent to shorts. They own 11% of Tullow, makes you wonder about this "assertion".
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This is not a legit company OR stock
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Not even close to all in. Deep wallet brah.
http://www.marketwatch.com/story/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-hyperdynamics-corporation-hdy-2014-03-14?reflink=MW_news_stmp
Tell them htown referred you.
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May sell this week if it stays above 6
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My dumbass sold in mid $3's to get into something I was expecting a bump from, which has remained stagnant since then. Hoping for HDY to fall back down.
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HOUSTON, March 18, 2014 /PRNewswire/ -- Hyperdynamics Corporation (HDY) announced today that it has communicated to the Government of Guinea and Tullow its response to Tullow's assertion without advance notification or discussion of force majeure and suspension of plans to commence drilling of an exploratory well offshore Guinea.
Hyperdynamics believes Tullow's unilateral actions are unwarranted and untimely, and that a force majeure event has not occurred.
Hyperdynamics plans to have additional communications in an effort to recommence drilling plans. Hyperdynamics cannot predict the timing or outcome of these efforts.