ERHC Energy Inc (ERHE)

[ponzi_implosion]

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