The ups and downs of the price of oil seem to have little affect on the share price of erhe as it continues to sit near zero for years and years. Perhaps if the company is ever able to attract a drilling partner and then actually make a commercial discovery the price of oil might matter. But for now, just another day with no one, not even the most bullish bull willing to pay 8/100 of a penny for this stock.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.