ERHC Energy Inc (ERHE)

[DegenerateGambler]

Yes, VIP I have been around about 8 years. If you recall I was very active in getting the DOJ to officially end their investigation. However, to clarify the points of my post. It was two fold.

First and most important was to point out how the highs of the day have been really strong since June 1st and even stronger the last 3 trading days (over 7).

Second and more philosophical, was the volume discussion. Years past, the dollar amount of the daily trades was more like in the $75-100K range quite regularly. This compares to recent the dollar amount of the daily trades is more like in the 5K range, only 1/15th to 1/20th what is was in the past. Dollar volume represents the public's interest in the stock. All I am saying is that when the public's interest in this stock increases, so will the dollar volume of the trades. When this happens the share price will rise. IMO, the SP rise will be rapid because the shares are so tightly held. The large bid/ask spread indicates few sellers will let go of their shares at the pathetic bid price. This large spread also will cause higher highs and higher lows as we all wait for survey results.

This is mostly all just my opinion and welcome any others to put in their two cents.

DeGen

Ps: this board has been so much better since MTO has sold his shares.