I wrote some weeks ago that HDR was going lower, not higher and that there would be possibility that they would need to do further placements.
I have not resiled from that view, so all you supporters (not meaning to sound derogatory, just pragmatic) who keep averaging down might like to hold off for awhile because I think you will be able to get them cheaper than the current levels.
Just my opinion, and I might be wrong, but this stock is still overvalued and every time they have anything less than an OUTSTANDING new discovery with each drilling report, a little more blue sky clouds over with sellers.
Coop
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