Tuesday, December 28, 2010

We picked the wrong horse

At least that’s the way it appears, as another West African oil company with substantial interests in the Gulf of Guinea, the long-maligned Hyperdynamics (HDY, I think) hit $5.35 at the close today. 

I wrote about its trajectory three or four months ago when it was below $2, and got the usual flak from the usual suspects.  Now, as I was once before, my advice has been well-validated by the share price.

 

Send me a check and I’ll send you more advice!  :)