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Thursday, August 19, 2010 6:00:42 PM
Let's consider degree of risk of investing in ERHC or ANY bulletin board for that matter:
Most conservative interestors would never consider a BB stock.
Most if not ALL institutional investors are prohibited from investing in BB stocks.
Some investors may consider investing a VERY small portion of their portfolio in a BB stock but are VERY leary of them.
A few investors would consider a normal 5-10% of their portfolio, but only if they had a large portfolio and could withstand a complete loss.
Then there are the gamblers not really investors.
The first group of gamblers are risk takers, but believe the risk is low and are willing to risk 1/4 to 1/2 their portfolio in ERHC.
Then there are the degenerate gamblers who really believe in ERHC and are willing to have from half to all their portfolio in ERHC. They throw caution to the wind and go for the gusto. They hope to hit it big and really score THE BIG ONE. They believe this kind of investment does not come along very often and want to take advantage this opportunity by going all in when they think they are holding "the nuts". The only question is whether they are holding the nuts or they they are nuts.
Then there are those complusive gamblers who want to bet more then they have on ERHC by using margin or credit cards. THOSE COMPLUSIVE GAMBLERS ARE NUTS or sicko gamblers and need to call the toll free number for immediate help (1-800-GAMBLER, real hot line)
Will news be released by August 31 as Prazeres indicates that "the operating oil companies must submit by the end of this month the 'most recent report' on the commercial value of existing hydrocarbons". Will Sinopec announce a phase 2 commitment?
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