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Re: TOB post# 230604

Wednesday, 12/08/2010 1:18:45 PM

Wednesday, December 08, 2010 1:18:45 PM

Post# of 363245
Do you have anything beyond a hunch?

"...hunch is some of the bigger fish are accumulating at this low price.."

http://www.nasdaq.com/asp/holdings.asp?symbol=ERHE&selected=ERHE&FormType=Institutional

According to the link, there are about 365K shares held by institutional investors. That's just a bit over the average daly volume or about .05% of the OS.

What will be interesting to see is if the 'shelf buyer' of the $2 million in stock shows up on the NASDAQ site or if they may have quickly sold off their shares.

Regards
P
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