Replies to post #306275 on ERHC Energy Inc (ERHE)

[midtieroil]

I have been hearing this stock is going to explode for over a decade now. Instead it is sub penny and likely will stay there unless oil is discovered. It was a good trade a .0004 but it's valued in line with other small exploration companies now. The threat of more massive dilution from outstanding and possibly new convertible debentures still looms. My advice round be caution trading this now. July and August could be ugly. 100s of millions of shares could be coming on the market from the next round of conversions.

[travel12343]

You don't know. You're just saying what you'd like to see.

There is no evidence of an upcoming explosion (or implosion for that matter)

p.s. 14million x .003 = peanuts

[ssc]

That 14 million disappeared faster than a big jane rumor monger at a polygraph convention.

[tokelley]

Yes the 14 million bid moved up from .0032 to .0034 and got bidwacked in one shot. Seems no one talks about the wacking when it hits.

Just like no one talked about the open, manipulated to hit .0043 (100,000) shares in the first second, thereby causing a double top.