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ta trader11
yes it does take cofidence and courage to do what you do,
i have been doing it for yrs in the commodity market.
just try to use a softer hand and know that at some point you were blessed to come upon a book or a teacher which taught you the wonderful understanding of ta, or you possible learned it from the school of hard knocks,
you are fortunate and blessed to have the understanding you do and to rag on others for not having your level of understanding is coming from the place of ego
be humble my friend, and better yet teach it to others so that they can prosper too.
trust me i am not a brillant man but i do know that my greatest blessings came from my teachers who showed me how to become successful in various areas of my life
just leo
balance mark redd ruby dane and all you guys who i failed to mention thanks for keeping us all abreast...
we have waited a long time for myself 4 yrs, all i can say is to even be sitting hear with this opportunity is a dream
one last hurdle the psc signing and we are in the money....
its great to have a president who does not leave us hanging he understands that to play with the big boys you must share the same professional deplomacy and run a tight ship.
it appears we are in great hands boy what a day made a few dollars and may see some personal dreams real soon and those dreams have nothing to do with erhc
i call it bless
thanks for the compliment balance
leo
well
i nearly called it right said she might see .60 and possible see
green by mid afternoon if i am not careful some people might think i know what i am talking about
swim minnow swim,
lol
leo
mark don't waste to many of your posts they will be needed later on to keep us informed on the important stuff
let people like myself post needlessly leo
mark
any idea as to what erhc will be saying in that update
hope its possitive we could use it
leo
said, she would possible go to the 50% level .60 and hopefully bounce back by mid afternoon to possible green day and with the announcement by the jda she is looking like the little engine that could hang in there guys go erhc
thanks for keeping us all updated mark, dad bb your work here will become priceless for us all
leo
.60 is the 50% level could see a sell off to that point but i doubt it. if it does happen she will not stay down long
maybe i am crazy but i will say she is at minumum 2.42 end of march if psc s are signed on 2,3,4, if not higher
leo
nice post on the taxes concerning short term buying and selling
it would be my guess that those in the know have been like myself, in erhc for over a yr and would not dare have to reposition ourselves with a small gain of say 10 to 30 cents
if this baby pops and she will after psc s are sign she s 2 to 4 dollars a share held for over a yr you are only paying 15% tax and if you are hold 100k shares or better it make no sense to give up your position and the 15% bracket
my guess and trust me it only a guess she will drop in the morning trading but rebound by mid afternoon to 70/77 a very slight possibility of a green day
thanks to all you devoted posters keeping us up to date and informed on the latest happenings
leo
mark the board whoever wishes to respond
has some sort of news leaked out explain the mishap on friday
what is the latest
thanks leo
to the board bb mark whoever may wish to reply
does anyone feel the the stp did not sign because they do not wish to validate erhc still claims bribes political corruption,still after all this time trying to blackball us so we do not get our percentages or do you think it is between the stp and nigeria political internal struggles between the 2 countries themselves which just need to be worked out
leo
to the board
mark says jda has deadline date to sign the psc s any idea of when that date is.. and is it the opinion of the board the treaty remains in tact and finally do you think the share price will tank monday morning due to the happenings late friday
any further updates
any replies welcome
leo
we have all been here for yrs, and when we stop and look at it what happened today is not real surpising, immediate shock yes, surprising no
hopefully as many have said cooler heads will prevail thanks for all the input and i know i just for myself i have to take another deep breath and believe all this will be sorted out to our advantage sooner rather than later
god knows that there have been many deep breaths through the yrs while riding this minnow
sleep well all
leo
hey littlebit
emotions run hi been waiting for yrs just like the rest of the board but i suspect that cooler heads will prevail including myself have cooled down considerable since the news release, thanks for the reply hoping to see this thing resolved quickly just like the rest of us appreciate the update
leo
to the board,
do we tank monday morning or fly hi
as long as the treaty stays in tact its just a matter of time
the biggest concern i have is the possible abortion of the treaty
o are the psc s in the other blks still on possible first week in march or has that been aborted to by the stp s actions today
all replies thoughts welcome
leo
you just don't bring the world press and walk at the last minute unless you have an incredible need for attention and want to make a very powerful statement..
they are just not happy with a 60/40 split knowing now of chevs success an elephant in blk 1
spoiled rotten brats greed hey the deals signed quit your crying over spilled milk and get on with it do these idiots realize what billions of barrells at 60 dollars a barrell is
stp would become paradise for all there people
the root of all evil is not money it is greed
leo
in my opinion this was a power play by stp
the question is are they foolish enough to destroy the progess made here i think not, this things took yrs to get to this point the kids are starving and both the stp and nigeria need money badly no official in the stp would ever get reelected if this thing is a total wash political careers are at stake for both countries
the real question is what do they really want
the answer to that question will be known in time
balance and others hear are my views
i was always taught never buy and sell on emotion, and the masses always panic and hit the sell button. i know things do not look good but hopefully they can solve this problem fast
spiritaul, the correct move is hold and trust
i remeber a very wealthy commodity trader who was in heavy with sugar going long the news came out that nutrasweet at the time would cause the sugar market to tank and she did tank but hit its bottom and came back up to hit all time hi s making this man very wealthy, he had the guts to hold and let the masses sell off
gotta say it takes guts to hold but my heart rules not my mind and even if it cost me everything i am stayin in
my worst nightmares which i have viewed as bad at first have always turned out to be my greatest blessings, i just could not see them as blessings at the time, god knows i hope this is the case here
remember,when one gets close to the light or the finish line darkness always comes, to try to stop us from knowing the light or the truth,
anyone who stands with me on this one if we win deserves every penny.. to have resolve in this stock and hold is an understatement. i have held for 4yrs plus, believing in a dream
there is the way of the world and the way of heaven i am going to stand with my heart and be true to myself no matter what the outcome
good luck to all no matter what you personally choose to do
gotta agree with you balance that all this may be is a last ditch effort and we are able to move forward soon and that the treaty is not dissolved
considering the news how bad do you guys think the sell off will be ideas on the possible sp with this difficult news all replys welcome
leo
balance what is your take on the reuter report of the failed signing of the psc
leo
balance yes my dad did post and was involved heavily and someone even posted about my dad and erhc on the elephant fields back around april 15/20 and i must say redd and many others were very kind with their replies to the family
balance my dad loved erhc with a passion and during his last 2 yrs he lost about 90% of his vision, and i must say your post and many others kept him alive a little longer..
i gotta say it was quite funny he had at least a 10 power manifying glass on his screen so he could read all the post daily
he went by cinch on raging bull
and i must say he loved your post very much, he would always say that man balance whoever he is is one sharp cookie and i know it would have been one of his great pleasures to meet you face to face to celebrate the minnow victory
thank you for your kindness and the respect you give all the members on the board
leo
sorry little bit my dad before he passed away last yr was 90% blind before he passed away and i used to email him a lot and caps were easier for him to read just a bad habit i pick up
leo
IT JUST SEEMS TO ME IF WE GOT HER SIGNED THERE SHOULD BE SOME SORT OF LEAK OR SOMETHING POSSIBLE A BUYING BANAZA AT CLOSE BY THE INSIDERS WHO KNOW, NOT TRYING TO BE NEGATIVE JUST LOOKING FOR A CLUE AS TO IS SHE DONE AT THIS MOMENT OR NOT
LEO
BALANCE
HEARS ONE FOR YOU
BACK IN 1986 I WAS A SENIOR IN COLLEGE, AND LIVED ON PHIL NUGENTS PROPERTY, I LIVED IN THE GUEST HOME WHILE HIS WIFE LIVED IN THE PALACE HA HA, AND PHIL WAS OUT THERE TRAVELLING THE WORLD PUTTING BIG OIL DEALS TOGETHER THEN, MY HOW SOME THINGS NEVER CHANGE
HE WAS A WINNER THEN AND IS NOW, SO WHEN I WAS TOLD BY MY DAD THAT PHIL BROUGHT OFFER TO THE TABLE IT BECAME A NO BRAINER TO JUMP IN WITH BOTH FEET
AL
MY BAD GUYS I MEANT BLK 4 BEEN HOLDING AND HOPING STAYING OUT OF THE MIX ON THE BOARDS FOR OVER 4 YRS AND AM HOPING THIS IS THE DAY WE BECOME ROCK SOLID THROUGH THE SIGNING OF THE PSC
JUST WANT TO SAY THANKS THANKS TO MANY OF THE MEMBERS WHO STAY FOCUSED ON ERHC AND PROVIDE QUALITY INFO
LEO
BALANCE ANY THOUGHTS ON THE POSSIBLILTY OF GETTING AN OFFICIAL PR ON THE PSC SIGNING OF BLK 2 TODAY BEFORE MARKET CLOSE
LEO
balance and dig thanks for your very kind replies
my dad was the the president and founder of one of largest computer mudd logging companies in the U S and was reponcible for the early stage development of MWD which is a common term in the oil field today and sold out to big blue in the late 70s
balance my dad always said that exxon was one of the more difficult co to deal with and because of their arrogance much rather deal with shell etc
but i gotta say regarding erhc teaming up with chev and exxon in blk 2 exxon being the largest in the world on this venture he is just smilin away
just think of the press our little minnow would recieve in no time
this whole thing to me is a dream with the us vs china for the rights in blk 2 and our little minnow holds 65% of the rights for the most valuable commodity in the world
i am not the brightest apple on the tree but my dad did teach me the simple laws of supply and demand
win lose or draw could not sell even if i wanted to
80 cent loss to the down side per share verses say 40 dollars to the plus or possitive side
guys this is like getting 20 playing blacjack its a no brainer just simply hold sit tight and rake in the money
balance i abosolutely agree with your position that the signing of blk 2 psc tomorrow is absolute validation for the minnow, it sets an absolute president for the remaining blks
yes say a prayer tomorrow is the day, if the psc is signed, that we have been waiting for
who says patience does not pay off
thanks again guys for the very very kind words
when there is a party anywhere in the world to celebrate our victory count me in
leo
psc signed blk 4 tomorrow 2 oclock african time, what time will that be in the u.s. so we can be looking for offical news
leo
hey petemantx read this
i have been in for about 4yrs
2yrs ago divorced the old lady left with my shirt on my back and about 100k to the red but i did get half my shares in the divorce decree
flat broke at that point scrapped together 5 to 10k bought more shares at .30 and prayed a whole lot
all i can say now is i am dam glad i am single again and o what fun we may all have in the days and months to come
dam close to even now and my friends say sell sell selll and i say you have got to be kidding
just to be sitting in this chair with this possibility is a dream
i learned a long time ago if you are going to invest, there is no place for emotion
and you are right you have to believe in what you are doing
leo
win loose or draw braking my are would not make me hit the sell button i know many of the players who put erhc on the map and trust me they know how to play and are all winners
hey guys what did we close at along with volume
leo
hey mark
you know and i know there are many idots in this world and basically many times when a man tries to bad mouth your rep its because he is jelous,
and i gotta say just by the informative info you have given this board proves you are in earnest
be humble my friend and just let it pass
leo
please do not waste your post defending anymore we need your post to continue the well informed opinions and information you have access to.
leo
question to the board
we all know this thing is going to go just would like opinions on how long before we see 2/3 dollars a share days weeks months yrs
all replys welcome
leo
this message is for balance builder
my dad passed away last yr and i gotta say he always appreciated the very well informed post you have had,. my father was in the oilfield for yrs and knew phil and a lot of the men who helped bring our little minnow to life.
may we all prosper on this little jewel
regards leo
ps i was even told phil contacted you personally because he too appreciated your insights
hey guys,
my dad loved this stock and went to his grave saying erhc would be a winner, and because of his vision he has left his children with a very bright future
been in for yrs bought in at .10 this is a once in a lifetime stock, common sense says hold .80 to the down side and a possible 10,20,30,40 dollars a share to the plus its a no brainer
leo