ERHC Energy Inc (ERHE)

[chemlite]

Exit strategy?

I'm starting to think about my exit strategy from this stock. Not that I'm giving up, but that stocks are only paper (or electrons) until you sell it. I'm not a large holder, though I have beaucoup more individual shares of ERHE than of any other stock in my portfolio (admittedly not saying much).

I've got 87500 shares averaged at about .31, in my IRA. I'm a youngish guy (38) and I've got (hopefully) a good while longer as an earner. The shares are all in a retirement account, and thus untouchable till I'm whatever the law says I must be; 62.5 or something?

Reading this board since 1/07 (first purchase), I've come to the conclusion that there are a few of you out there who have a buttload more experience (which they say translates to wisdom) than I do.

Any advice for a guy who wants to stay around for the long play, but doesn't want to hang too much of his retirement out on a penny stock?