ERHC Energy Inc (ERHE)

[mz157]

what? they ran the price up and it has nothing to do with the spread. looks like they bought at the high. At least have a good trader execute your trades...and not just buy like an idiot in such an illiquid stock. You do realize the market cap is like 13mm? ERHC essentially bought a penny stock. (oh and the shareprice tanked the day they stopped buying due to bad news...even better)

I can picture Peter and David taking breaks from minesweeper and solitaire to open their e*trade accounts (hey they have that cool baby) and putting market orders in for a million shares of an illiquid penny stock.