Thursday, November 01, 2007 4:26:53 PM
For those of you that are unhappy, ask yourself if the fundamentals have changed with this company or it's assets to warrent the current downtrend?
Since drilling is a year away and no new news is coming from the company (and there really shouldn't be except for potential of EEZ which is out of their control), the share price will not be going up dramatically any time soon.
Second, it is very natural for many stocks which are at near term lows (4+ years for ERHE) to go into tax loss selling in Oct - Dec. Unless you expect news, clever investers will try to leave the stock for 30 days and re-enter at close to if not lower prices. Very likely the reason for downward pressure right now.
IMHO, even with no new news for the next 4 - 6 months, I figure one can likely get a 20% - 30% gain off the tax loss selling cycle if you have the will power to play it.
Last but not least, "buy when there is blood in the steets".
Good luck all
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM