ERHC Energy Inc (ERHE)

[Sangamon Kid]

Let's face the facts. We are all here to one degree or another because of greed...period. If it weren't so, then we'd be happy with our money tucked away in a much less risky investment. We want the most bang for our investement buck. Siren songs work because they appeal to that greed. A siren song is not pumping a $5/share buyout when there's a $10 offer just over the horizon. Just watch the movie, Blue Angel.

Is Oilphant a siren? Time will tell. No other poster is as seductive, and thus as potentially dangerous as he could turn out to be. It all depends on whether or not we remain vigilant to watch for sharp rocks in our path. Meridian a siren? For the most part, until his song became a little bit less heavenly. As soon as he hit some notes that didn't quite fit preconditioned thinking, the critics were all over him (including myself) like white on rice. On the other hand, maybe guys like NWTF, who have always cautioned against unrealistic expectations on share valuation, awards and PSC timeframes, should be seen as Orpheus, but more often than not, are usually seen as stick-in-the-muds because their message isn't particulary appealing to all of us who wanted to be filthy rich yesterday.

I am learning the truth, and somewhat begrudingly...that this stock has never, is currently not, and may never, live up to my expectations. And that's OK.