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Question Sell some for tax loss and wait thirty days or buy more while prices are down. I suppose after five years of buying I should buy more wait till next year at this time to see where we stand. I would hope buying now at .15 and they drill a well or next year at this time close to drilling we should at least double to .30 or so. So those waiting for my shares have to wait till next year or longer no cheap shares from me. I am buying more and waiting for drilling what't one more year after five years. My avg. .30 so those at .15 cut avg. to 22.5 sounds good to me.
Happy Thanksgiving After five years we are family. Enjoy the Holiday.
Thanks I understand now.
ERHE is only stock I hold right now. I have traded xom cvx fcx and a few others .50 to 1.00 profit long gone. I will hold big board stocks a few days sometimes. I still can't believe I could have sold ERHE for profit three or four times oh well it won't happen again. If we run over a dollar I will get my money back and have free shares that for sure.
I pay plenty for my tax man so monday I will call and find out all about tax loss selling and buying. I have some regular accounts and usually make forty to eighty trades a year lots of paper work.In my IRA acount I just buy and sell and don't worry about. The only thing I worry about making a profit. In this market I am in and out till things settle down. I just can not believe I have not sold any ERHE every thing else buy and sell.
You cannot take a tax loss on a ira account I believe that is why it is fun to buy and sell in a IRA account no records to kept. When you take money out you pay taxes but what you buy and sell in account you don't.
Got me. I have a good tax man guess I will call him monday because I do have a lot of erhe and could eaisly sell some for 3000.00 loss. All this talk about tax loss and I might sell some myself.
OT I guess what I am asking is there a way aroumd the thirty day sell and buy back for tax loss.
OT I know about the thirty day rule but can I sell a stock in a regular account and within thirty days buy the same stock in a IRA account. I have erhe in regular accounts and IRA accounts.
Waiting for news waiting for lower price waiting for something always waiting. If price holds at .15 or so for a few days I might have to buy a few and start another boat. Waiting Waiting Waiting you would think after five years it would be easy.
Looking around the market I see hundred of stocks down big time. I never thought we would get this low but what do I know. I was ready to buy at .14 now I am waiting for it to go lower. I hope I don't get a chance a .12 or .10. I guess if somebody is selling for tax loss they don't care about two or three cents. I thought last year buying at .18 was great now look .15 or lower. Waiting and holding the oil is there.
When is the last day for tax loss selling. Greed is something I told myself I would buy more on news or .14 now I am thinking .12 or .10. How low can we go for tax loss selling or selling to buy xmas presents give them erhe shares. I am retired and would go back to work before selling my shares before drilling just me. After five plus years holding tight I am really sorry for those that have to sell for what ever reason. For those selling to buy back after thirty days good luck.
I put this on hold waiting for news on ROO or .14. There are other stocks you can buy and sell on the big board and make money or hold for long term. There are thousands of stocks that have been knocked down you can have you pick. Why keep bashing this stock when there is nothing ERHE can do. We have plenty money to wait this out. I will wait and not cry about this at least I don't have to wait five more years. Just put ERHE on hold and forget about till next year buy and sell something else. I do believe the oil is down there that is why I bought this stock. One year left is better than five.
All I want is proven oil hit kina and let apc hit block 3 and let the aa start drilling. Then I could care less when they start production just show me after all these years the oil is there and I can wait for fpso and etc. Remember the eez we should see some action next year on blocks in eez auction etc.We are sitting on rights I want to be sitting on oil.
Looking back I wish I had sold four or five times I would have free shares but I didn't. I will know within a year when I hope they have a well drilled and hit the elephant. I just want proven oil the share price will take care of itself with proven oil. Right or wrong I am holding.
Everybody has to make there own call when to sell when to buy.
After five years I will not take the chance I am holding till drilling. With this company a lot can happen in thirty days. If you do sell for tax loss and buy back at same price I am all for it but I will not take the chance.
My luck I would sell my shares for tax loss and next day news and bingo erhe up .30 or so. Remember when you sell for tax loss you have to wait thirty or thirty one days to buy back. Maybe we see green today.
Wish I had the ----- to buy more now. ROO news or .14 what ever comes first. I sure am getting weak thinking that news could be any day now.
Two of my friends bought more at 14.7 while I wait for breaking news about ROO. I do believe we will get a well drilled before AA. I sure hope I don't miss news and this thing takes off. If we would drop below .14 I would buy some without news would be glad to pay .18 or .23 on real news. With my luck I will be away for a day when news breaks and this will jump to .30 or so believe me I would not be upset. Our day will come. I have a lot tied up in this stock but when we hit the elephant I will think why didn't you buy more. GREED IS SOMETHING.
I am waiting for news but don't let this little fish drop to .12 or .10 I will double down again.
We only need a one well deal. The AA might be 2010 who knows. Than we still have APC to drill. I would think after first of year ADDAX will make a move and pay the price or just come out with pr and announce they will wait for AA. First quarter next year we should know one way or another. I will be here till the drill bit strikes black gold.
I don't like waiting but at least I can see that there will be drilling next year. I bought this stock for the oil I believe is there. We can all cry but there is little we can do but hold if you believe in jdz and eez. At least we have a lot to look forward to and if you look around the market we are not the only stock in the tank. I have friends who are still buying I am waiting for news. This stock will take off but only on news of rig are after we hit the elephant. I just would like proven oil and than the stock will take care of itself. We still might get end of year tax loss selling I hope for those who sell that news don't come out before there thirty days to buy back. I don't like waiting but nothing I can do. I have been here over five years so what's one more. I will be here till they drill. Waiting Waiting Waiting
A few years back someone posted JDZ and EEZ 40 billion bls. It was a while back or EEZ 40 billion bls. Let's get JDZ drilled worry about EEZ after auction. You can believe after all this time SEO knows what blocks ERHE wants thats for sure.
Somebody dumping that's for sure but looks like we have buyers good luck.
I never thought .15 with less than year to drilling but what do I know.
I bet you never thought about .15 buy a couple of weeks ago. Good buy I am glad.
Thanks waiting on real news but I am having a hard time not pulling the trigger. My best buy last year .18 got my avg. from .56 to low .30. My boat is loaded. I can't see it dropping much more except no news before end of year and people take tax loss like last year. With this stock it like we are always one or two weeks from big news than no news. So I wait wait wait.
All my buy orders or day only and limit.
I don't like when I put a limit order at asked and don't get filled and I think why me. Not on big board just OTC.
Anybody getting filled 0.155
Anybody getting filled at .16
Let,s hope all our dreams come true with this stock.
Last minute deal on ROO somebody back,s off. Last minute deal on buyin buyout somebody back,s off. I just need one deal now and will be happy. ROO--buyin--buyout--deal please.
Who's buying Who's selling
Looking at JDZ and EEZ rights we are golden no doubt about that. If they drill and hit KINA and APC hits I can't even think about what they will bid for EEZ blocks. I never thought it would take this long to drill a few wells and than we would know for sure and have proven oil. What else is there to do but wait and dream. One more year or less to drilling is better than five. It has been a long time for most of us here but drilling and finding a elephant we will forget about how long and start talking about the future. Our day will come.
Let me back track a little bit I am not buying now but if before news of ROO and IF we would drop to .12 or so yes I would double down again. I don't believe we will drop that low but I am ready. I am sure there would be plenty here also trying to double down. I am sure there will be a ROO I hope before end of year. I am old tired worn out with this stock but holding tight. I do believe the oil is there because of OBO-1 showed there is oil there. ADDAX would not have bought EXXON 40% in block 1. They know it is there I know it is there just need a rig.
Looking at current market conditions we could drop to .12 or so as people need money tax loss selling like last year etc. There are many stocks down big time so are we different no look at ADDAX 50.00 to 15.00 and so on. I am not selling not buying holding tight waiting for drilling rig. If we hit the share price will rise. I hope we hold at .17 but looking around at world markets who knows. When they announce ROO I will buy more but I am not buying now need real news. Avg. low .30 so yes I am not happy but not selling.
Thanks for post about the size of KINA and the first of many ELEPHANTS.
Looking back the past five years we are in a wonderful position money in the bank wonderful rights JDZ not counting EEZ. Some time next year somebody has to drill a another well JDZ. We do have the AA and APC will drill second half of next year. I don't like waiting but with money in the bank we are in good shape. I believe looking at the world markets and oil prices we will get a rig first half to drill KINA. Look at sands casino 122.00 share now trying to sell stock 5.00 share. We will get a rig early ADDAX will do it. Remember the oil is still there. Not buying not selling just waiting waiting waiting.