ERHC Energy Inc (ERHE)

[Gremlin9999]

Robjer post on the Shore Gold Board 2/04/2010

Yeah, I'm now officially a long on ERHE

with a basis of $.397, I think I'll either be able to trade it profitably; buy and hold for a buyout (it's the only thing that makes since for Mr. O to cash in); or sell out on next block announcement.

My best read on this is that it should be able to trade above it's high of $.91 sometime.

I've consolidated my IRAs in only 5 stocks now.

BNVI
GNVC
DSCO (only free shares from a good $.485 set of buys and out on the run-up to $1.60+
ERHE
AMNL (.61) (You'll hate this, because it is the former ALMI that I've scalped a few times--and should have again yesterday at $.84). Don't have 100K+ shares like I did last time but I've been looking for some relatively safer havens from the overall market so far this year. Got lucky and have gotten out of some trading stocks with decent profits or minimal losses.

I've tried to buy enough of these 5 stocks to make a difference if I have guessed right.

Not always a good guesser, but sometimes I am.

good luck lugs on all of it--especially ERHE right now.
I think BNVI is a coiled spring but GNVC will be the fastest 2x at this price. (BNVI will be the fastest 10X from this level, though, imo)

robj