ERHC Energy Inc (ERHE)

[manuel06]

I believe many longs have averages much higher then .22 and even up to .43 or higher.Yes there are many other better investments out there...but with too much money tied into ERHC with too high an average,this is the reason the longs are holding still. ....@ .50 we may have a different discussion.Many here have no capital to look elsewhere,and so, your point is more valid for a" mid-short"..like yourself, just recently(compared to the holding longs) getting into this trade.
You must look deeper an farther back in time for reasons the longs are holding...IMO many hold for breakeven and will exit at "THEIR" exit calls.Your calls are yours..we all haven't bought our lots at.10 or .22 as most wished they had!!!! Without capital, TA is only a 1 way exit plan at best!!(for those longs you opine about)...All ..MO..
Cheers TOB

"I expect the majority here believe this is possible, if not likely. Otherwise why would they hold their money in ERHE shares? There are thousands of other securities to invest in. The historical price action also proves this is possible, based upon no proven oil"