ERHC Energy Inc (ERHE)

[ssc]

erhe investing strategies that have been a total bust:

Participate at the 7 cent offering price which was actually $7/share when adjusted for the 1/100 reverse split.

Average down, aka dilution insurance, starting at 4 cents which was actually $4 split adjusted and continue buying all the way down to triple zero levels.

Buy shares in anticipation of Offor paying 1 cent/share last April, which became last August, which most recently was supposed to happen yesterday.

Accumulate 100 million share positions at $.001 which turned out to be a very short-lived top before price returned to triple zeros.

The latest would involve continuing to own and add to shares should erhc go private under control of Offor and his cronies.

All of these either have or most likely will result in losses of 99% or more. Not exactly a good place for retirement funds lol.