ERHC Energy Inc (ERHE)

[robjer]

Rodman and Renshaw is a very strange place for erhe to be--R&R is the financier of last resort for down-on-their-luck small biotechs. R&R often follows their conference with "coverage" of the stock and some extremely dilutive financing.

Don't know if that's the case here, but erhe sure picked a strange venue--maybe they can't get anybody else interested in that $50M--which is way over R&Rs normal amount.

Whatever, it's not good news that they were at that conference.