ERHC Energy Inc (ERHE)

[puff]

Please, you honestly think the MM's are manipulating this stock? Is it just this one or the thousands of others they make a market for? They will make their money on the spread no matter where the price is. Sure they may effect the short term price pennies but this precipitous drop, you got to be kidding.

As far as traders, please be fair minded. There are just as many "pumpers" as "bashers" who are traders and who both are making their money on the manipulation of emotions.

The drop in stock price is simply a result of uncertainty and an increasing sentiment the longer we go without information the less chance of commercial oil.

Already even the hardcore pumpers are rationalizing how gas will be just fine. Its interesting how we no longer speak of $35 per share, nor 20 nor 10. Maybe a few speak of $5 a share over many years but most will be content with NSAI numbers and $1.50 to $2.50 share and even the majority of these people will bail at less than a dollar. The pumpers will still pump and preach hold tight with one hand as they sell with the other.

This is of course all my opinion from following this stock for many many years and I have to agree with the few who post here honestly that large amounts of commercial oil will be all that moves this stock significantly, even to $1.00.