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Re: texasspeculator post# 39087

Saturday, 04/01/2006 5:47:41 PM

Saturday, April 01, 2006 5:47:41 PM

Post# of 361526
texasspec, that's pure trader mentality and has no basis in reality.

If a $5 stock goes to $10, it has doubled it's market cap.

Whatever caused that would also cause a $50 stock (with 1/10th the shares out) to double as well.

I cannot believe the ammount of time this board has spent on this, it's below the basic of basics in investing.

A company's value is its market cap, not its share price. Whether ERHE has 710M worth a buck or 71M worth $10 is completely, totally and absolutely the same.

If an event takes place that would move the 710M one dollar shares to $2 then that same event will absolutely move the 71M shares from $10 to $20.

Absolutely.

This is my last post on this elementary subject.

ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.