HDY

[sebfr]

Hi,

I have suggest to buy HDY for the second contest edition...But HDY makes a Wolfwave Pattern. It is a stock more for mid-long-term..

As you see on the chart, buy on a pullback at 1.350

[fous]

Pick:
[HDY] Hyperdynamics Corporation

Analysis:
The main reason for me picking HDY is because i like the chart. Volume has been staying above average for a good amount of time over the last few months as well as breaking out of a nice looking symmetrical triangle. The day after the breakout of the triangle price action HDY shot up 27% on good volume showing the the market acknowledges the pattern. So im following the markets confirmation and entering into HDY for the contest on monday morning.

Share Related Items
Market Cap. (Mil) : $124.56
Shares Outstanding (Mil) : 42.22
Float (Mil): 24.90

Financial Synopsis:
BRIEF: For the three months ended 30 September 2005, Hyperdynamics Corporation's revenues increased 32% to $87K. Net loss applicable to Common increased 38% to $1.5M. Revenues reflect increased oil production from Louisiana Operations. Higher loss reflects significant increase in cost of revenues, increased general & administration expenses, decreased interest income and the presence of other expenses.

Good luck fellow members!

-fousc

[fous]

horrible entry price with the gap open to 3.00 but the volume is goin crazy going above and beyond the last 2 trading session peaks and only a couple hours into todays session. So i still anicipate higher prices to come.

[fous]

Major resistence of 3.50 broke today going back as far as 1996. Im likin what im seeing here, Lets see how the market reacts to this information for the rest of the contest. Im not holding and will prob regret im not just like KNOL. Good luck Loffigus on the contest. I had a big debate betweeen choosing HDY or ISV for the contest. I told IROD to pick ISV but he never did lol. Im comin for ya loff!!!!!! muahahahaa

-Mr. Fous

[fous]

The market rejected prices above 3.50 making this a false breakout of resistence. Hopefully momentum will back back up and continued high volume and push price action above 3.50

-fous

[kslifka]

HDY...one to watch in the oil exploration sector.  HDY is trading in a sideways channel and quickly approaching the top of the channel today.  A break above 2.40 may signal the start of an uptrend

Hyperdynamics Corporation, through its wholly owned subsidiaries, engages in the exploration and production of oil and gas offshore Guinea, West Africa. It also provides seismic data management services, customized geological workstations, and data transcription services. The company also provides a range of seismic and reservoir services, including data acquisition, processing, interpretation, and field evaluation. In addition, the company offers ONYX and ONYXII, a conversion and transcription software transcribes related data on the same disk or DVD as the converted seismic data. The company was founded in 1983 and is based in Sugar Land, Texas.

[setravis]

Back above the 50-day MA......watch it now

[setravis]

Monday's Small-Cap Winners & Losers

Hyperdynamics (HDY) surged after the Sugar Land, Texas, oil exploration company said it signed a new agreement with the Republic of Guinea in West Africa to investigate a region with "exceptional potential" for oil and gas, according to seismic data. Shares were gaining 42 cents, or 17.5%, to $2.82.

Support @ $2.37...2.20...2.08
Resistance @ $3.20...3.30...3.44

Technicals
Most Actives
Gap Up
Percentage Gainer

Gap up above the 200-day MA
13-day MA crossed above the 50-day MA

Definition:
The Long Black Candlestick signals strong selling pressure in the market.

Important Factors:
The Long Black Candlestick is a single candlestick pattern with low reliability. It only reflects one day's trading and may both be pointing out to continuation or reversal. Thus it requires consideration of other candlesticks to confirm a trend.

[cumulina]

Am I seeing a "cup w. handle" here, or is it jus my imagination?

HDY is trying very hard to get over 3.00, could be an interesting development if it makes it...

[bocasva]

10k is out....not sure what to make of it.

http://biz.yahoo.com/e/061013/hdy10-k.html

[cumulina]

I know what you mean...

I rely heavily on the discussion at InvestorsVillage for info and opinions. To me yahoo messageboards are close to useless now.

http://investorvillage.com/smbd.asp?mb=67&clear=1&pt=m

[bocasva]

Thanks for the link cumulina.

[cumulina]

HDY is again demanding attention!

No, I don't have any. But I wish.... 

[setravis]

"HDY" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                       
All history on a stock pick in 1 thread is awesome.                                                         
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                                     
Thank You....and good luck with all your trades....make some $$$    

[cumulina]

Waiting for news - lots of anticipation here!



Lots of discussion and info on InvestorVillage:

http://www.investorvillage.com