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Wednesday, February 03, 2010 9:51:39 AM
Lets reflect:
1) Very funny trading patterns where the bids do not match the asks, strange volume levels, trades begin to look like the day-traders are buying in and out in a concerted effort to drive price down.
2) Absolutely no knews from any source, even Mark Govols has stopped posting (of course this could be he still can's get over Kiffen leaving). No Operator news, not even news letting the public know when results would be forthcoming.
3) Even SEO seems absent from all proceedings at this time. If he was worried about the price at all he could simply step in and buy a couple of hundred thousand shares on successive days and that alone would create a substantial run up from our current price. The cost to SEO would be insignificant given his resources.
4) Even Ruf who most of us feel has been a solid poster, posts a message stating that the Melanza #1 is a duster. The post looks like it is from a news app and states percentages and has a very professional look. But I have gone out and tried to bring up that post and have found nothing in the WWW that comes close. If it was in print i would have found it and the article that Ruf posted looked like it was in print.
So what is going on, is this just the last final thrust to drive down the price and get rid of all shrinking violets before the news comes?
I have my opinion but want to hear some of the others before I lay mine out.
If anyone out there has a definitive idea about why ERHC is at it current state please post.
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