InvestorsHub Logo

oil-cowboy

01/03/15 10:45 AM

#295469 RE: Julius Erving #295468

That's the way I see it too Doc. If management knows what's coming down the pipe, ie possible deals, kenya numbers, Chad etc, then anything under .05 would be a virtually risk free investment. All the while supporting the company and its shareholders in doing so.

I'm betting substantial news is hiding around the corner. JMHO

I think yesterday gave the tax loss sellers a rude awakening on why it can be a risky play. Especially at the stage ERHE is currently at.

Cheers

midtieroil

01/03/15 11:35 AM

#295471 RE: Julius Erving #295468

Management buying at 4 cents when they could have bought at at a penny gives you confidence? If that is what happened, it tells me they are clueless, desperate or both.