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Bullboard - Stock Discussion Forum Hyperion Exploration Corp HPXRF

GREY:HPXRF - Post Discussion

Hyperion Exploration Corp > Smart move or dumb move, not sure
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Post by uograd on Apr 19, 2011 9:29am

Smart move or dumb move, not sure

Anyways when you see a PP get closed for about $35 million at $1.50 per share and then have an opportunity a week or so later to pick up a nice block at .$1.20, it is usually a good move.

well I just took about 19200 shares at 1.20 to clean all those up so I supposed in a few weeks if it trades back to its PP price I will look smart, or if the selling continue unabated I will look like a fool.

should be an interesting ride to find out.
Comment by RIG500 on Apr 19, 2011 4:05pm
FT shares and options are at $1.80. Someone is having a blast shorting this stock?Nothing wrong with the fundamentals of this company, cash on hand, production, land and reserves....
Comment by uograd on Apr 20, 2011 12:27pm
they need a catalyst to jump start things and with breakup on and expected to last a long time they have to announce their cardium drilling program and show they have access to rig(s) and that they will be hammering Garrington and Buck Lake as soon as they can.You could be right about the shorts, hard to say.  There is not much volume here especially on the buy side so those that are in big ...more  
Comment by RIG500 on Apr 21, 2011 9:16pm
Outlook updated at BTI: https://www.beatingtheindex.com/stock-picks-hyperion-exploration-tsxvhyx/ a News Release should be on the way providing capex and guidance. GLTA
Comment by uograd on Apr 22, 2011 9:28pm
I guess that fund that he mentioned was selling shares through BMO.  Anyways make my purchase at $1.20 look relatively safe for now.  We will see what the drilling plans look like when they are released.  Cardium wells are all over the map, some good, some brutal (like Rockbridge/Avatar) last one so you have to proceed with caution on the whole cardium thing.thanks for posting.
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