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Tuesday, January 05, 2021 9:11:21 PM
Many reasons I would guess.
Some entities have restrictions on stocks they can and cannot buy....i.e. can't be below a certain price along with other risk restrictions.
Some do not like to mess with stocks on the grey market.
Some may see message board posters making claims they cannot prove...i.e. an absurd number of shorts.
Some see a company that won't address any issues to shareholders.
No financials...they may think that ERHC can go broke prior to any resolution on block 4.
Some see a Nigerian in control and want no part of that.
Some see a company with a sp of .0004-.0006 for a long long time and figure this company is toast.
Some won't touch a so-called oil company with a trail of failures and no revenues.
I'm sure there are more reasons. Maybe you can add to mine?
I don't know that the market even cares about any other verifiable info except for.....does ERHC have a partner....and if so, who is it?...and what are the details of the final deal?
These are my opinions...you are welcome to your own.
Again....the sp always tells what the market thinks of a stock. A few who have a different opinion cannot change that.
Badog
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