ERHC Energy Inc (ERHE)

[tryoty]

There are 42M shares outstanding and in strong hands. The total cumulative volume (buy and sell) since the article was posted on this board, including today's volume so far, is 2.62M shares.

Eliminate the double counting and 1.31M shares have been sold since the article... just 3% of the shares held have been sold since last Wednesday.

They other 97% are being held. I could be wrong, but it looks like the "story" was intended to cause a drop in price, which it did, and the buyer of those shares was likely the "source".

Have you watched the share price climbing back up? Nobody's buying the story, they are buying the shares.

It still could be true, but I don't think so.