sidewinder, if you think it is bashers responsible for the share price dropping, you are going out on a limb that's going to break underneath you.
And
FWIW, regarding the Roth Conversion.
I did that with my two long-term biotechs back in the fall when GNVC was $.82 (now $2.70) and BNVI when it was $.38 (now $.60)
Long-term 3-4 year hold for sure on BNVI but GNVC might get to my f.u. price by the summer at this rate.
For the true believer in ERHE, I would convert every share I had in ERHE today (if you think $.41 is going to be the low)
I faxed my conversion to Ameritrade since they already had all the signatures on file and even though it took a day or two to show up in my Roth, my conversion price was close of the day on the day I faxed my conversion form.
Caveat. The ERHE shares already have to be in your Regular, SEP or SIMPLE IRA to do a conversion. Roth IRAs (and maybe all IRAs) have to be funded by cash if that's your regular contribution for the tax year. It's only conversions that can be made with shares. That was fortunately my situation with GNVC and BNVI as the total amount even at low prices would have been way over the contribution limits for wife's and my Roths.
Willing to pay the taxes on the conversion price because I've got some other nice deductions from remodeling a rental house this year.
Good Luck on ERHE--it would be a lot more fun if you turn out correct on your future guess about this company to have all your rewards be tax-free, eh?
robj
