ERHC Energy Inc (ERHE)

[ssc]

More confirmation of the true nature of the trade here. As I have said many times before, the only play on erhe is to buy near zero and hope for a pop (kaboom or boom boom lol) with enough volume to unload anywhere above 1/10 of a penny. The last "kaboom" pump and dump saw erhe rise to .0021 on rumors of a big deal in the works, where it was met with massive dumping that drove the price back down.

Much tougher to reproduce such a move a 2nd time as shown by the failure to rise above 1/10 of a penny in spite of literally years of claims of secret short positions, dividends, $8 share price on the way, etc. 10 cents has now become the dream price, but much more likely 2 or 3 cents would create a mad scramble as billions of shares fight to be unloaded before the buyers disappear again.

Good luck to anyone who manages to sell at a massively successful level of a penny or 2 if by some chance the opportunity ever presents itself. So far, sellers have not been able to resist selling anytime the massively successful price approaches 1/10 of a penny despite the never ending claims of much higher value. The new rallying cry appears to revolve around a private phone call to 1 person from an erhc executive, a "done deal" and a 100% probability of big gains within a few months. Yet the silence from management and void of buyers continues.