ERHC Energy Inc (ERHE)

[Krombacher]

rojer, day in and day out the shareprice hangs around .28 to .32 a differential of about 4 cents. Even if you short 100,000 shares, the most you make is $4,000.00, and that is if the bid/ask spread doesn't eat into at least 70% of that.

So you are looking at peanuts...but in the meantime you are paying all that margin interest. Day in and day out, as you hope and pray that the stock will drop to 25 cents or more, you are paying margin interest. Each day you pay, is that much more you have to hope the stock falls to cover your loss.

Admit it robjer, you saw 7 million shares sold the day after the AGM, and you started salivating at the mo-mo play, because when penny stocks tank like that they tank to bankruptcy.

Except, here's the thing...NOTHING except for the share price, HAS CHANGED. And as people come to grips with that we will go straight back up to .70 cents. Now calculate your losses if that should happen while you are short.

//YIKES!!/

Good luck to you,

Krombacher