ERHC Energy Inc (ERHE)

[Julius Erving]

What is it exactly that you don't understand about Warren Buffets' statement?

He could not believe that certain companies traded for certain prices. There was no logic behind it.

THAT observation made him incredibly rich. Otherwise he could not have made any money. He bought and bought, like us longs did, while others were evidently not paying attention.

Will the ERHE share price reflect correct value somewhere in the future? Yes, of course.

Any news from TOTAL, and it will start moving in the right direction.

That is why Warren Buffett said that you can never look at the share price and deduct valuable company information from it!!!

And yet, the shorters keep on justifying their negative view on the company, by looking at the share price... for obvious reasons.

Is this concept of Warren Buffett truly that hard to grasp?

Not for me it isn't!