ERHC Energy Inc (ERHE)

[stun]

My only fear with all this is that there is some sort of massive dilutional aspect of this company that doesn't show properly in the filings. The amount of stock for sale at this stage (ARCA must have sold millions into this rally) is not reflective of what is beginning finally to look like an odds-on successful outcome.

The buyers at the current point could be many....investors, oil companies etc...but who the hell is selling? And in good size.

There have been some interesting share movements in the past, particularly with the Chrome involvement, and Offor's bank. It simply feels at the moment that there is a lot of stock for sale when the sp should be gapping up.

Not displeased at all, mind. Been in and out, current average price 42c