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dan, "righting the ship"
what stock are you looking at?
Hard to bash much when you're only allowed one post per day.
lol
if there was oil in commercial quantities in this dryhole, there would be no delays, no defaults, no secrets, no nothing but the sound of jack-up rigs being moved into the area.
everything else that is speculated about on this board is just so much surface irritation
there is not enough oil to pay all the companies involved let alone the serious vig the nigerian puppet government is going to assess if there is ever a speck of oil pumped to the surface.
Are there any puts to be bought on erhe?
I think a poll is in order:
What price do you think erhe will trade at when the specifics of the $50M dilution come out.
>.25
<.25
<.15
I say < .15, and there will still be pumpers on this board talking about bio gas and wet sands and SNP being secretive.
Rodman and Renshaw is a very strange place for erhe to be--R&R is the financier of last resort for down-on-their-luck small biotechs. R&R often follows their conference with "coverage" of the stock and some extremely dilutive financing.
Don't know if that's the case here, but erhe sure picked a strange venue--maybe they can't get anybody else interested in that $50M--which is way over R&Rs normal amount.
Whatever, it's not good news that they were at that conference.
This stock makes me chuckle. Bagholders for 13 years and threatening now to go below $.30 and facing an additional $50M in dilution.
Still blaming the chinese, jdz, seo, snp, cia, fbi and any other combination of three letters for the abject failure of your investment.
You might not want to think about the opportunity cost of your investment here.
wow, is all i can say
I think I'll just wait for this bloated carcass to sink below two bits before I get very interested.
investorbynight, look at the $.30 stock price and you'll get your answer to the oil question.
Factor in a coming $50M dilution and the stock is way bloated at $.30
ooooooh! good
$50M in dilution.
How do you think the share price will stand up to that.
I might put a bid in for $.22 or so.
what are the chances that companies are holding back from the $16M phase II committment in order to pressure for a price reduction?
Seems counter-intuitive, because if it only costs $16M for companies to squat on the rights for a while longer, why wouldn't these rich guys be paying up right now?
Makes me think the oil is not commercial enough even for a $16M risk.
c'mon they wouldn't even have to drill. If there is oil there $16M is a cheap option to hold it.
not very good sign to me that there hasn't already been a PII announcement
lugs, I guess you got your boy off to college.
My brother just sent his third and youngest off--and man is he lost.
Is erhe showing some life now? I'm still limited to one post per day so it isn't worth my time hardly to go there.
The wife and I are now in London, where we'll stay through XMAS and into mid-January. We don't have a home anymore so. . .wherever sounds good to me.
Finally bnvi got a bump after hours from $.38 to $.50. they coupled an expected reverse split announcement with hugely positive FDA guidance on lead drug. Tuesday could be interesting as there will likely be a tug of war.
luck to you on it all
robj
nwtf, $.23?
That's going to get some negative comments here.
Don't you know you're not being properly supportive of everybody's investment in this bloated, nigerian, p.o.s.?
On the other hand, I might try and sneak in there with you at $.21 or $.22
Okay so when does erhe trade under $.30 next week.
I'll say Tuesday
close under $.30 on Wed or TR
harr449, we absolutely don't have the money to travel the world the way others do it. We can't afford to keep up a house and car in the U.S. and do this. It's why we completely sold out down all the way to two suitcases--I'm serious here except we did leave two fly rods and two sets of golf clubs with a lady we know just in case. But that's it.
We found it is just as cheap to rent furnished places for a a few months in any city you want as it is to live in the U.S.
Public transport way cheaper than gas, insurance, taxes and repairs on your own vehicle. Food is about the same everywhere and rent might be a speck more since you have cable, internet and utilities included.
We don't have a phone, but have Skype for $2.95 per month we can call anybody in the U.S. and talk as long as we want--video call if they also have skype, but otherwise nobody gets charged for our call from our laptop to a U.S. land line or mobile.
For another $30 per year we got a local skype number that allows anybody in the U.S. to reach us over the computer. Sound and picture quality is great and no need for a mobile as skype lets you leave a voice message too.
In short we can do a month in Istanbul or London for $2500 including $1500 for the apartment and another $1000 for living expenses, which are just food and entertainment. Istanbul slightly cheaper as was Berlin. Sweden wasn't any more expensive than London and Playa del Carmen, (Cancun) was less than $2000 per month total.
It's been a great discovery and am glad we did it early instead of waiting until too late to get around.
Congratulations on your wife's recent retirement--we've never looked back and wished we had worked more days.
It's been a wonderful dis
Matter of fact harr449, I've got mostly jackshite in the market now and never was too big a player but instead got real lucky on three-in-a-row pressed-up 8-10 baggers on ADZR, ALMI, and AMDS in 2003 or '04. Let us remodel a place on the lake, build a boatdock and stuff it with toys. Of course besides stupid ADZR, I put more back into AMDS and lost $10K when the CEO got arrested by his girlfriend's ex-husband who planted coke in his car. The Memphis police fired the guy and his partner, and the ex-CEO has got a pretty good lawsuit moving through the courts in Memphis. Of course me and all the small-fry lost everything when all this was going on and the stock was absolutely cratering--Now that might be the best investment story ever. And of course ALMI, which I didn't put any more money in more than doubled from where i sold it on what would have been a 20+ bagger for some real f.u. money
Just recently, I got burned holding too long on a speculative biotech at the end of March and pissed away a 5-bagger with a big stake and wound up break even when I sold. Traveling so much not able to pay attention and missed the signals to get out of that p.o.s. So I sold everything but one more speculative biotech (a glutton, I guess)
Wife and I retired early in 2006, sold our houses, cars, toys and now move around different places in the world in 2 suitcases and two laptops. Very liberating to not watch the stupid market all the time. Just finishing up two months in Istanbul and heading to London next week for 5 months and then Playa del Carmen in Mexico for 6 months after that. Like I said we don't have a home so we just go where our visas let us.
Hope all is well with you and I would like to visit with Charles some day, but i'm sure that won't happen.
robj
harr49, good question.
I wonder if he needs any of us to invest with him again?
I got so lucky to make a $100K+ killing on this one from $.11-$.16 all the way to $1.20, which is about as close as I ever could have gotten to the $1.35 top.
Of course I pissed away $15K by buying all the way back down, but all in all, I was a lucky boy
Hope you didn't get too killed here.
krombacher, everybody knows that double down investment style.
in real life what happens is that after you lose about the third one in a row, your bankroll will be at zero and if you lose the 4th one (assuming you could post it), you're living in a cardboard box. You can't tell me that 5 in a row isn't doable and will bankrupt you every time.
I really hope you aren't advocating that style to people here. it's an ignorant comment and not worthy of your previous quality postings.
okay pennycheck, send me the 10 grand then, eh?
just send greg a check for $10K and he'll drop it.
okay, wearing the guilt blanket.
my point was now that he basically has stolen the company from all you mooks, he wants the price to rise and will flood the market with PR.
because he now owns the company mcnumbnuts
well steelwundrin, just what will get this company's shares up 350% in the next 60 days--about what you'd need to sell $50M worth. (Really price would have to be closer to 1.65 by the time you discounted it down to $1.25 to sell your 40M shares all at once.
I think you are just spouting numbers.
I can do that, too.
a nickel!
a quarter!
2 for dime!
peter, with that spam, the mick-ster will quickly flush you.
never seen a picture of this greg-jagoff, but i picture a rod blagovich-looking guy---and just about as trustworthy.
well thanks for explaining the thought process.
I expect greg will get his some place.
okay, never bought a share in this--did look at it but hated this evans guy so didn't jump.
please tell me why after minimum dd you guys bought millions of shares here?
I don't get the motivation.
bashburn, $14K in a pinksheet sub penny stock?
Wait, i think i just threw up in my mouth
wow, Wow, WOW!!
trust me sneaky, at $.20 anybody who wants in can snag a really nice position--maybe even more shares than a lot of the 10-year guys have.
of course that begs the question, "WHat would a buyer be buying with this company at $.20?
a wish and a hope?
1. maybe SEO will take the other commons along for his ride
2. hope AIM doesn't confuse trading
3. hope JDZ isn't a dry hole
4. maybe the chinese will let erhe write their own press release.
5. hope people haven't held this dog for 10 years for nothing.
wishes and hopes.
good luck with that strategy.
excellent mickey.
i guess you haven't figured how many houses it would take to make up for the money IDCC dicked you out of way back.
some don't understand why you post so often, but they weren't around with the $2.00 per share IDC on the AMEX.
if for no other reason, mickey, i hope this investment pays off really big for you and really soon.
hey, mickey what's the latest on your house building project?
Ambitious but should provide some good entertainment for you in the process-let alone the profits.
Wife and I paid off the only two rental houses we had left and are living in Istanbul for a couple of months before moving on to London through the new year.
Always like to watch the home remodeling shows whereever I am because I tried to buy, remodel, and sell two or three each year since about '92--when the housing market times were sweet. Kept a few rentals as well but was out of everything except the last two in summer 2005.
I'd much rather be lucky than good.
c'mon, you got to be kidding me for $50M
1. Who would give a minnow that's never going to sink a well a penny when there are already 700M shares out.
2. Who give this company a penny before and IF there is a committment from a big oil player drill phase II--think dryhole.
3. Management's first communication in like forever and it's to tell you saps they want to dilute you at $.20
it's unbelievable.
hey, lugs,
sheep moderating the erhe board limited me to one post per day there.
no fun not to be connected more than that.
Are you still fully loaded on erhe--actually i only give a shit about that stock to hope that you come out on it.
BNVI still patchy at best at $.42 this a.m.
Still good with $.365 basis and thought about adding last week below 4.40 but didn't bother cause I can't really follow the market due to being 8 hours ahead now. (Istanbul for a couple of months)
go erhe! (don't tell erhelongtime, ha!)
go bnvi!
robj
sc, and maybe you really believe that posters here can drive the price down.
and maybe you don't believe JDZ was a giant dry hole.
ponzi, this stock is starting to look more and more like AENP (AMEP) to me--just without the bitter bros robbing the company and its shareholders blind.
This seems to have started off as a legitimate company trying to weasel its way in with the big boys. News releases spun up the company way also convinced many here 5+ years ago to take a chance.
5+ years at basically a $.75 price channel?
wow, WOW
It doesn't seem like a stock that's poised to go to $10, does it?
I guess what's looking like a non-commercial dry hole in the JDZ isn't helping anything either.
This ocmpany doesn't have enough money on its own to do anything in the GOG other than pay management salaries, bonuses, and options. They are like a stray cat waiting to get fed a raggity-ass scrap for not doing anything except hanging around.
well, jimlur, hopefully IDCC doesn't have the signal strength protocol in the iphone
lol
better hope the EEZ is more than the huge dryhole that JDZ looks to be evolving into
Down to one post limit a day here--which I say is unjustified. I don't do personal attacks, i don't do frivolous posts and even if i am extremely negative on erhe, i at least talk about the company or its stock. I don't know how some of the other people here aren't on this restriction.
Is this IHUB or the moderators on this board? IHUB ought to have better things to do and if it's a moderator you need thicker skin. (and a better stock to own, too)
Here's a company that wants to cancel their AIM membership. INteresting that they say AIM hadn't gotten them any more exposure as promised:
NEW YORK, NY--(Marketwire - 07/01/10) - Allied Healthcare International Inc. (NASDAQ:AHCI - News) (AIM: AHI) ("Allied"), a leading provider of flexible healthcare staffing services in the United Kingdom, announces today that it has requested the cancellation of admission to trading of its depository interests on the Alternative Investment Market (AIM) of the London Stock Exchange. Cancellation will become effective as of 7:00 a.m., U.K. time, on August 20, 2010 (the "Effective Time"). The depository interests will trade on AIM through the close of business on August 19, 2010. Each depository interest represents one share of common stock of Allied.
The shares of common stock of Allied will continue to trade on the Nasdaq Global Select Market after the cancellation of admission to trading on AIM of the depository interests.
Allied's depository interests were admitted to trading on AIM in December 2005 in the expectation (among other reasons) that the quotation would provide an additional source of liquidity for investors who wished to own an equity position in Allied. Allied also anticipated that the admission to trading on AIM of its depository interests would enable it to access the capital markets in the U.K. and provide it with an enhanced ability to undertake acquisitions. However, there have never been more than ten holders of depository interests at any one time and there are currently only eight holders of depository interests. As a result, Allied has not realized the benefits it anticipated at the time of admission. In light of this and the costs and additional regulatory burdens associated with continued admission of its depository interests, the board of directors of Allied has determined to request the cancellation of admission to trading on AIM of its depository interests as of the Effective Time.
i disagree horribly with you mickey on buying section 8 eligible housing.
just you read the cuts the british government made on Tuesday to subsidized housing only a few months after the labour party was voted out.
it's going to have to go britain's way rather than continue with increasing public subsidy in the U.S.--eventually. If for no other reason so Fitch and Moody's can keep the US's credit off creditwatch like may have been britain's fate if they hadn't put out the most austere budget in over a generation.
of course all real estate is local so maybe in your area. . .
excellent RKT.
that last third weighs a ton right now, eh?
luck to you
and others
and lugs
"I see a possible downturn and bleeding of price in July/August"
now that was funny stuff
What about 2009 and 1H 2010, what did you see then?
Below $.20 this week? Sure wouldn't be the volume to prop it up above that price based on today's trades.
wow, WOW!