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Re: YankeMike post# 155118

Saturday, 03/14/2009 2:37:12 PM

Saturday, March 14, 2009 2:37:12 PM

Post# of 367090
Call it an epiphany... it finally clicked in my head why we are where we are... it's because we're all here already! The investors are watching, but the gamblers are all-in.

Big money absolutely will buy up to the value of proven and protect that investment with continued buying because their *only* risk is fluctuations in oil prices, and we all know which way those are going. Any dip in oil may lower the price big money is willing to pay, but every time we dip below the formula, they will be there with wallets open.

Anyone wanting to sell when we have proven will have ample chance to do exactly that. Anyone looking for a trading op has a very high likelihood of buying back far fewer shares than they sold.

ERHC simply won't dip below the market value of their proven reserves. We will fluctuate with the price of oil, but the days of massive volatility are going to be behind us very soon. Good riddance!

I think soon means soon this time!

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y