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Why blocks 4 & 11 ? (and what is the difference between the green and the yellow blocks) ?
Is this decision based on data about potential oil & gas?
Or is it because of the proximity of the islands ?
Or are there other reasons ?
I have no idea myself.
ty Highcotton; btw Joe Shea silent since Jan.14,
normally he would comment on new developments, this time not a peep.
How large is the large ARCA bid? Scottrade shows only 2000.......
profittaking
One of these days................................................
I'll visit this forum and to my surprise I see BIG LETTERS:
..........B R E A K I N G N E W S..........!!!!!!!!!!!!!!
Houston, ERHC Energy Inc. is pleased to announce.................
auction lasts 6 mos ?
I would have thought 1 day ?
Hi Clay, the fact that I posted another video right behind yours, doesn't mean I don't appreciate your work.
As a matter of fact, I do look forward to your videos, and it is the first thing I search for every day, to see if there might be a new one.
I find your reasoning and explanations very valuable, understandable and reasonable.
My thanks to you.
I just found this video chart on Yahoo, don't know if it has already been posted here:
http://www.itsallbull.net/iabtv.php?string=ERHE_3&page=
.............."Four of the blocks, the ANP chief added, would be excluded from the first licensing round because two oil companies, ERHC Energy and Equator Exploration, held preferential rights to two blocks each.
"Negotiations are underway with the two companies and these negotiations are in their final phase",.................
Contrary to the impression I get reading all the negative posts about the management of this company, on this board,
the above gives me the impression that they are NOT TOTAL LOSERS, in fact I suspect they are quite capable managers.
Go ERHC go !
Nobody kows anything, except those that know, but they are not talking.
The question is: those that know; are they buying or selling ?
Right now it looks like they aren't doing anything, lol.
But that is an improvement over all the selling they were doing the last several weeks.
So now we know and maybe that is why the sp stopped falling suddenly 2 days ago, when some people heard about it ???
buy-out must be at 40.5 ?
ERHE putting up a good fight to-day
So far, so good
"Fluctuation" implies Up and Downs, NOT DOWN ONLY every day, day after day @ increasing volume
at the current rate of 5 to 10% every single trading day, there won't be anything left by March 31
or stall i.s.o. freefalling
are they moving to smaller quarters ?
from suite number 90 to #35 ?
sudden turnaround in sp from 36 to 42 ?
Will we close to-day @ 35 or 55 ?
Either is possible.
48? I Can't believe it !!
1.Why ??? What happens this week-end ???
2.Volume: average 414,114
To-day heaviest (so far, another hr to go) since:
Oct 8/09 1,831,900
Aug 21/09 1,940,800
Aug 20/09 1,775,800
Aug 14/09 3,211,300
On increased volume, already > 1 million shares
Didn't they start out as a "green" company ?
Environmental Something......................
Who knows, 10 yrs from now we may be an airline or a windmill manufacturer or a brewery or a Chinese Hotel chain?
No wonder the sp keeps going down day after day.
All I read on this forum is complaining shareholders who are dussatisfied with current management.
They must be the ones who keep offering more shares for sale all the time at ever lower prices.
and with the whole InvestorsHub-shareholderforum looking over their shoulder and tripleguessing every move "big time" !
Thank you longtimer
Did I miss something?..........ANNUAL MEETING Jan 20 ?????
Wasn't there an annual meeting planned for the 20th of Jan./'10 ?
p.s. this is not a reply to previous message, but the only way I could figure out how to post.
shouldn't the question be: 'why is the stock still going down" (day after day)?
That trade shows up on Scottrade as 53,270 shs, so the 106,540 was doubly counted
Thank you Oil-Cowboy, with stock UP so far to-day, let's hope it will reach soon the # of my yrs
77
Why? Because it is my birthday ?
Big oil bets at sea
Beyond the Gulf of Mexico, companies have announced big finds off the coasts of Brazil and Ghana,
leading some experts to suggest the existence of a massive oil reservoir stretching across the Atlantic from Africa
to South America. Production from deepwater projects
-- those in water at least 1,000 feet deep -- grew by 67%, or by about 2.3 million barrels a day,
between 2005 and 2008, according to PFC Energy, a Washington consulting firm.
for the rest of the story:
http://finance.yahoo.com/real-estate/article/108509/cramped-on-land-big-oil-bets-at-sea
tax-loss selling may be behind us
Happy and healthy New Year 2010
That could work to our advantage in the future, because it means that institutions still have lots and lots of shares to buy.
I don't know if all brokers work this way, but at Scottrade one cannot use market orders for prices less than $ 1
I like to buy additional shares on sudden unreasonable dips, but recent action resembles a slow death, rather then a dip, therefore I did not add.
SP comparison of Sinopec vs ERHE
interesting results
see:
http://finance.yahoo.com/echarts?s=SHI#chart2:symbol=shi;range=my;compare=erhe.ob;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
at the same time Scottrade showed the ask @ 60
This happens all the time: the bid /ask are out of sync most of the time.
the bid/ask on the regular screen will change, without the level2 changing, and vice versa.
Sometimes the regular (level 1 ?) will lead the level 2
today I bot 5k @.582
these cc's ALWAYS disappoint