ERHC Energy Inc (ERHE)

[Krombacher]

If I had to guess as to what happened yesterday, someone came a few days ago and bought in at higher prices expecting quick profits and easy gains and then when those gains didn't materialize, just as quickly sold at a loss to the short sellers waiting to buy.

This is why I'm not too crazy about "new investors" in ERHE. Most investors in OTC or grey market stocks simply don't have the patience or realization of the true potential of a given company. They look at charts, throw darts and expect quick returns. But if it were that easy then everyone would be rich.

The only investor I want right now is TOTAL. I could care less about any "Johnny come lately" investors looking for a quick profit but only ending up feeding the shorts with a pathetic loss.

It's a pity that once again short sellers got a chance at another nibble due to weak hands.

Krombacher