ERHC Energy Inc (ERHE)

[ssc]

It is mind boggling to read this:

If the market would be definitively right about ERHC currently, then on what specific, and widely available, information exactly is that opinion based? I asked this before... I got no answer...

The question has been answered many times, and the market confirms those answers every day. If for some unknown reason anyone missed it, here are a few answers to your question:

Financially broken, can't even afford to file required reports

SEC seeking to revoke erhe shares because of delinquent reporting

Maxed out shares, no more to issue for fund raising

History of using toxic debt, reverse split and massive dilution

No transparency for over 3 years - no reporting, no annual meetings, intermittent phone service, no shareholder updates on anything

Skull and Crossbones rating from OTC

Caveat Emptor list prevents buying at many brokers including Etrade, Schwab, TD

Allegation of master plan by management to manipulate share price made by largest shareholder

Operating like a private company for over 3 years

Share price hasn't been over 1/10 of a penny for over 3 years

400 page document that is now almost 2 years old and has had no affect on share price

I don't believe Graham or Buffett look for all these negative and dubious traits in stocks they purchase. It is ludicrous to cite anything from their investing philosophy to make a case for buying erhe.