ERHC Energy Inc (ERHE)

[bayfisherii]

If you look at the Frankfurt exchange erh.f is up 18.57%.

While there is not a lot of volume on this exchange they have paralled our direction (bullish/bearish) over the last few weeks. I have to think given the recent news and all the developments over the last 2 weeks, todays early morning drop can only be explained by MM's trying to regain control of the price position and volatilty.

Anyone have any more salient thoughts on todays early morning price decline?

I suspect most of us were anticipating a repeat performance of Friday's price movement.

IMHO
Bayfisher