ERHC Energy Inc (ERHE)

[DegenerateGambler]

Exec, keep in mind that holding ANY one stock at such a high percentage of your portfolio is VERY risky and against most conventional wisdom. In addition, holding one stock through thick and thin and not trading it like some recommend you could be called a bag holder by some. But most here are "gambling" on a stock that has excellent potential and may be a life changing event for some, most or all of those that took such a leap of faith. Some call gambling a sure way of losing money, but gambling is just a matter of weighing the risks and deciding who the odds favor. Most here believe the odds favor the finding of a great deal of oil which will make the share price go up many fold. Is that worth the risk of going "all in" on this particular stock. I think most here would agree the risk will be worth the reward and now that the drilling is a month or so away, we soon will all be celebrating how smart we were (as well as how patient we were to go through all we have gone through).

Life is a gamble, so try to bet on a winner. The immortal words of a degenerate gambler, who has found a few winners in the past as well as a few losers.

Ps. I am sure if I posted that I bet on the American Idol outcome several weeks ago. Today, I had the opportunity to middle the bet so I can not lose and did so. I made the maximum bet ($100) on each side, and will break even if Adam wins and win $15 if Chris wins. A no lose situation.
Pss. I also be the Cavs to win the series (4-0, 4-1, push at 4-2, lose 4-3 or if they lose the series). I laid -1.18 to win 1.00.