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Ok, thanks.
Since there were no trades at 0.0019 today, does that create a gap in the chart that needs to be filled before we go up?
Thanks,
Erickson
Maybe the price got slammed down so hard that the bottom traders stepped in. There were 2 cheap trades the other day that dropped the share price by more than 35%. Then the load up between 0.0009 and 0.0011.
Erickson
Good evening,
I have not been around for 3 years with this stock and have few posts, but I am back in. There were 2 after hours T buys; one for 7,946,000 @0.00173 and one for 1,500,000 @0.00185. Let's see who the T buys were for.
Thanks,
Erickson
Thanks, I will
I'm new to trading off the 50 day M/A.
Is GHLV setting up for another trade, or is the chance for a double greater with the first bounce?
Last time GLHV went to .035 but the 50 day looks to be .05.
Thanks for your time.
Erick$on.
my basis is they are in growth mode.
But even using a multiplier of 2 gives you 0.00292 or 3 is 0.00438 (using the lowest estimate). Either way they are undervalued and it's nice to be discussing an eps multiplier on a pink stock.
Thanks,
Jenners
conservative eps valuation:
Good Morning!
I'm going to take a stab at a conservative eps valuation, please take into account that I don't know if the financials have been audited yet and I will make the most conservative estimates.
(All of these are my opinion only and I welcome any comments or corrections.)
Most Conservative Estimate of EPS Value Using Net Income:
Actual earnings for the first 9 months = 3.3 million net income/3 quarters = 1.1 million a quarter * 4 quarters = 4.4 million net income for the year. Net Income of 4.4 million/3,000,000,000 authorized shares (worst case scenario-I don't know the outstanding)=0.00146 earnings per share(eps) * 8 (conservatative p/e multiplier) = $0.0117 per share value. In my opinion this is the most conservative share value.
If we adjust any of these variables, for example I'll use the first 9 months net income + the 3rd quarter a second time (a reasonabe estimate) we get 3.3 million net income + 1.52 again = 4.82 net income /3,000,000,000 = 0.0016 eps * 8 = $0.0129 per share value.
If the oustanding number of shares is less than 3 billion the value goes up from there, for example 4.82 net income/1,000,000,000 = 0.0048 eps * 8 = $0.0386 per share value.
This my opinion only and I welcome any comments or corrections, I know my multiplier is conservative, It's nice to be able to do a eps valuation on a pink stock.
Thanks,
Jenners
Good Morning! Thanks for the explaination!
Jenners
Good morning! What are the F's?
Thanks,
Jenners
Good Morning!
Thank you for the explaination!
Jenners
Good Morning!
Walking down on light volume last several days. There are no sahres available. It will go up quickly.
Thanks,
Jenners
Thanks for linking the form 4! eom
Thanks,
Jenners
Sweet!! Good things coming!! eom
Tell the IRS no money was involved.
Thanks,
Jenners
Director purchases 33,333,333 shares @ 0.0003
Form 4 out, new UNCO director David A. Gillespie purchases 33,333,333 shares @ 0.0003 on February 5, 2010.
Thanks,
Jenners
Director purchases 33,333,333 shares @ 0.0003
Form 4 filed yesterday, new UNCO Director David A. Gillespie purchases 33,333,333 shares on February 5, 2010.
Thanks,
Jenners
Good Evening!
Has anyone been able to purchase at .0003?
Thanks,
Jenners
Appears? Teach me, I see 310,000 in volume.
53,000 shares sold at 0.007. I don't see any dilution.
Maybe you prefer a lower entry price?
Jenners
Sorry, Scottrade is back to $.0005 eps.
Thanks,
Jenners
Scottrade has WNYN with eps of $.01.
Last week it was .0005
Are the quarterly numbers due out soon?
EPS of $.01 should jump us to minimum .06 - .08 a share.
Thanks,
Jenners
Good Evening!
Any word on the possible merger!
Thanks,
Jenners
Thanks,
Jenners
Good Afternoon!
Was the Addax for ERHC swap 10:1 or 100:1?
Thanks,
Jenners
I think something's up.
Jenners
Up over 2,333%, Maybe someone wants the remaining shares so they can go private.
Jenners
If they take this private, don't they have to make an offer for whatever shares are outstanding?
Thanks,
Jenners
Actually, I think in 2 or 3 weeks we'll at least touch 0.003. I can handle a double here a month.
Thanks,
Jenners
This has always been a nice buying zone.
Jenners
Great volume this morning!
Traders coming back in over the weekend. A great sign.
Thanks,
Jenners
Good Evening!
Do you think something's going on?
Thanks,
Jenners
Good Morning!
March 17th will be my 3 year anniversary of finding ERHE and I'm long with the possibilities.
There are 2 economic realities affecting our share price.
First,thank you Homeport for you daily updates from the GOG. But, I know I for one have become a little immune to the political realities that exist in Nigeria. When I discuss EHRE with friends and coworkers and they ask where they exist, that is usually the end of the discussion.
One thing I haven't heard discussed for a while is the political reality of Nigeria and the other Nigerian groups, MEND for example.
When discussing EHRE share price no one ever mentions the "Nigerian" discount that needs to be applied to the share price.
The GOG oil may be the sweetest in the world, but the first thing someone does on the oil platform after testing it is to look out across the horizen to make sure there aren't any undesirables coming.
When you have oil stock A, oil stock B, and oil stock C, and oil stock C's largely or totally invested in Nigeria and the other 2 aren't then oil stock C will be discounted how much, 10% to 20 % to 30%?
The other economic reality is this year we've risen from .115 to .29 while the rest of the market has come back to us. Do I want 4 shares of EHRE or 1 share of CITI? A lot of quality companies are becoming penny stocks.
This post is only meant to foster honest discussion! I am invested long in EHRE and know the pay off is coming. But, I also know our S P will be discounted to other companies until we diversify beyond the GOG.
Thanks for listening,
Jenners
I have never seen a "Hard to Borrow" designation for a stock trading @ 0.0004. I can't imagine what will happen with a sniff of news from Browning.
Thanks,
Jenners
This is very very tight.
Jenners
Who is Lynn Monk and is that a good thing that she's involved?
Thanks,
Jenners
You file the form 4 out after you purchase or sell the stock.
Thanks,
Jenners
How many do you think he bought today?
Thanks,
Jenners
If you don't mind my asking, who are the other 3?
Thank You,
Jenners
It would be nice with this market for this to wake up!
Jenners
A couple of weeks ago we were consolidating around .006 - .008 and it seemed like we were stuck. DFLY commented at least our BMs increased that day from 122 to 125. Now were consolidating at .014 -.021 and our BMs are 216. The story is the same with the company, some GOOD things just take time.
Thanks,
Jenners