Replies to post #287999 on ERHC Energy Inc (ERHE)

[Gremlin9999]

It's hard for the vol to go up right now because there are very few sellers. Look at the L2 and you won't see many shares on the ask @.10 or lower. IMO the low vol also indicates that the company is not selling shares on the open market.

[vip1999]

I recognize your handle, so you have been here for awhile as well, then, you should remember, the highest volume this stock ever traded since 1999 in a single day was less than 15 million in volume. I believe it was less than 50 cents level.

A few years ago, I actually collected 10 years closing prices and volumes and there was very little days that has 1 million and up in volume.

This stock has been unique that way, even though we have over 700 million shares, it has never traded above 5% of total volume in a single day.

That is precisely why I still have faith that we will see $1 again. Provided we find lots of oil(in 100s millions barrels worth) like you've mentioned. I am still waiting for my .05 dividend per month!!!! At 100,000 shares, that would be $5000 income every month. Good enough to pay a decent size mortgage for the ... grand kids??!

At the moment, I will wait and wait and wait..... for that day!