Hyperdynamics Corp. (HDY) CEO Ray Leonard buys 50,000 Shares

CEO of Hyperdynamics Corp. (HDY, Financial) Ray Leonard buys 50,000 shares of HDY on 12/16/2009 at an average price of $0.91 a share.

Hyperdynamics invests in companies with substantial potential for growth. Hyperdynamics' internationally active oil and gas subsidiary, SCS Corp., owns rights to explore and exploit acreage offshore West Africa. HYD Resources Corp. focuses on domestic oil field services and low-risk shallow production. Hyperdynamics Corp. has a market cap of $81.2 million; its shares were traded at around $0.89 with and P/S ratio of 28.

Directors and Officers Recent Trades:

  • Buy:: Director David Owen bought 92,604 shares of HDY stock on 12/14/2009 at the average price of 0.98, the price of the stock has decreased by 9.18% since.

  • Buy:: Director Herman Jay Cohen bought 2,000 shares of HDY stock on 12/14/2009 at the average price of 0.9, the price of the stock has decreased by 1.11% since.

  • Sell:: Director Roger Friedberger sold 9,524 shares of HDY stock on 08/11/2009 at the average price of 0.84, the price of the stock has increased by 5.95% since.

  • Sell:: Director Roger Friedberger sold 25,001 shares of HDY stock on 07/14/2009 at the average price of 0.45, the price of the stock has increased by 97.78% since.