ERHC Energy Inc (ERHE)

[leo1]

nice post on the taxes concerning short term buying and selling

it would be my guess that those in the know have been like myself, in erhc for over a yr and would not dare have to reposition ourselves with a small gain of say 10 to 30 cents

if this baby pops and she will after psc s are sign she s 2 to 4 dollars a share held for over a yr you are only paying 15% tax and if you are hold 100k shares or better it make no sense to give up your position and the 15% bracket

my guess and trust me it only a guess she will drop in the morning trading but rebound by mid afternoon to 70/77 a very slight possibility of a green day

thanks to all you devoted posters keeping us up to date and informed on the latest happenings

leo