ERHC Energy Inc (ERHE)

[Krombacher]

I'm even going to make a prediction for today, and I'm not even going to use TA to do it...just using my common sense.

Let's say, hypothetically, someone out there, perhaps eating some fish on a drill ship in the middle of the ocean, is sitting on some interesting news, which will be hard to trace as "insider trading" because Total is not ERHC and ERHC is in a whole other block, plus you have international backgrounds and who knows what...

...I would never ever advocate insider trading, but perhaps someone on Sao Tome island doesn't give a flying fish about it...

so let's say that's the assumption.

Ready?

On Monday, in America it is Memorial Day. The markets on Monday are CLOSED!!!

Whoever this guy is floating around on that drill ship must be panicking after having learned that not only could that news leak out over the weekend, but that news could even make it to investors everywhere on Monday (which is a work day every where else in the world) and result in a rush to buy shares Tuesday morning.

NO WAY IN HECK! IS THIS PERSON WITH THIS NEWS GOING TO WAIT UNTIL TUESDAY!! Not when that news could be released before he has a chance to finish buying his shares.

Hence my prediction: Today will be a HUGE buying chasing day with millions of shares traded. This guy is just not going to risk a long weekend, in my opinion.

But the above is probably fantasy and could be completely wrong...

Krombacher