ERHC Energy Inc (ERHE)

[kingstarlong]

My prediction of the price eventually getting down to the teens prior to the end of the year had already come true- regardless of the ridicule it received while the SP was still above 30 cents. I also stated that I thought it would bottom between 12-16 cents prior to the end of the year. Well, it got into the 16 cents today !! I guess the hope for shareholders is that we just saw the bottom. But I don't think so. We could have another 4 cents to go !!

As I also said, this is the chance for true longs to buy more shares. Drop your average purchase price. ERHE is at a five year low, so if you really believe in the stock, buy more at these low levels. I may even put in some orders as it continues to drop. Of course, I will announce once a purchase actually happens.

the king