ERHC Energy Inc (ERHE)

[TOB]

Well said petemantx and Pepsiman2001. Sadly, certain posters are way out of their depth on this investment, over-extended, unable to take profits at the highs, and emotionally involved to an extent that their judgement is distorted, like a marriage, not an investment.

All this negative hype and vilification has an impact, I doubt serious businessmen like Peter Ntephe gives a hoot about this baseless ranting, but surely it erodes investor confidence and is deterring people from buying this deeply undervalued stock at these cheep prices. Of course we need more buyers than sellers in order to boost the share price.

The potential is there, just look at the charts, even without an liquid find, ERHE has been 200% to 300% higher several times over the last half decade. In fact, about once every 1-1 1/2 years it goes through this cycle.

Of course, further declines are also possible, nobody knows the future, but it is only 20 cents to the bottom and 70 cents to a revisit of the highs. Do the math and trade sensibly, have a position size and trading plan that you are comfortable with and will not cause you undue distress should the trade not work out.

My hunch is some of the bigger fish are accumulating at this low price, as the minnows capitulate and give up their shares. This could hold the support at the .20 region, or a bit below, but wont in itself cause the share price to rise. That will take news, and then we will likely see the next unjustified run-up to test prior highs. Wait and see.


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Ps. I see my posts are no longer welcome here, whereas the conspiracy and smear merchants post unabated.

Good luck everyone. I'll leave you with one last thought... If your trading leaves you filled with anger, anguish and blame, consider that these are signals that you are doing something wrong. This is speculation, full of uncertainty and unpredictable results. Thus, size your bets at a level that they won't bite you if they go sour, as they so often do.