ERHC Energy Inc (ERHE)

[Krombacher]

Or let's take another look at this...

...is it possible to trade a million shares over say a 2 week period, while tip-toeing around the MM's with little impact to the share price?

I think so. You buy a little, let the share price go up a little, maybe entice a few investors with that higher share price to sell a little and take money off the table.

And before long, you might be able to acquire a million shares with little fuss or muss.

Would it cost you a lot in commissions? Meh, at about $10 at most brokerages, and maybe even if you piece meal it over 20 trades, that's only about $200.

Compare that with paying this 40% premium from current share price levels...heck, we even saw that some investors were willing to sell to the MM for 10 cents, indicating to me that many still value the stock at about 10 cents...so these mega buyers are definitely willing to pay tens of thousands of dollars above what everyone else seems to think the shares are worth...and why?

Two reasons:

1) They want those share NOW! They can't seem to do a several week long strategy.

2) They don't care about paying tens of thousands of dollars in premium, because they KNOW BETTER. In fact, the more premium they pay, the more CONFIDENT they must be about what they KNOW.

I think something is definitely cooking here...

...but I could be wrong about all of the above.

Krombacher