ERHC Energy Inc (ERHE)

[DegenerateGambler]

I normally do not like to be a Debbie Downer, but one way of explaining the low, low share price after the several positive announcements by ERHC is what has NOT been said in the announcements. The deal with our new partner is signed and in place waiting be the Kenyan govt approval. So the terms of the deal are KNOWN by some people who may have "leaked" this information to those who are keeping the price down by selling because the term of th deal are not that favorable. If the terms terms were good, these "insiders" would be buying all the shares they could knowing the share would spike upwards on the official announcement.

The other theories about financing and hedging also make some sense, but inside info makes more sense to me. Hopefully I am wrong and the deal is a good one for ERHC.