ERHC Energy Inc (ERHE)

[DegenerateGambler]

The trading on Friday was about 60% buys and 40% sells of the 400K volume. Most buys were at about 8 cents and most sells were at 7.5 cents, which the MMs loved as they pocketed the difference, which was about a half cent on every trade. IMO, that is outlandish as it represents about a 7% vig just for the trade, not counting any other commission one might pay. iMO, the vig should be much less and in any case no higher than 3%. However, there is little anyone can do about it.