ERHC Energy Inc (ERHE)

[bayfisherii]

The fact that we stand pat at $.32 says a lot about this stock.

If the market is cratering and erhe is locked down on it's opening price it (IMHO) says that the day to day price gyrations that we experience are simply day traders trading our volatility. There is a good bet that one or more of the regulars that contibute to this board fall into this group. I have some candidates but will keep that to myself.

When there is no market to trade into (at least in ST trading) then day-traders will sit back. And those of us that are in this stock for what we see is the long-term possibilities, will and can do nothing but wait.

What does all this say, (again IMHO) all of these day to day price gyrations mean nothing, they are simply a vehicle for those of us that can to acquire additional volume.

Sit back wait it out, probably through fall of 2008 at least.

Again all of this is IMHO. do your own research