ERHC Energy Inc (ERHE)

[chrislongshot]

large volume days, who is selling and who is buying. Just a thought, the huge increase we have seen in volume as of late. What is the reason? There have been a few theories posted so here goes mine. Could it be selling to capture the losses for tax purposes and then buying back in. Or buying first, then do the sell 30 days later for tax losses. If say you have 100,000 or more at some of the old prices ( in other words much higher} say buy 100,000 at 0.05 and then wait 30 days and sell the original 100,000 that are at a much higher cost basis, and capture the capital gains losses to use this tax year. And you still have your 100,000 to ride out. I hope the buying is that someone knows something, but there are a lot of sells to meet those buys. Hopefully if Africa oil hits on those wells in Ethiopia it gives us a boost. and of course the terms of the farm out if they are good.