Replies to post #61966 on ERHC Energy Inc (ERHE)

[rheddle]

OT Blockman - very small float in this stock, so it should move pretty quickly, despite the seemingly high $ per share price of around $2.25: Basically, it moves like a penny stock. I am no oracle on stock price predictions, but I have heard another poster suggest a quadruple once the PSA is signed followed by a pull back.

I never fully believe such predictions, and prefer to follow the trading after the news and see what the stock is doing. I don't think anybody really knows how high it will go - look at XKEM last week. I sat there at 0.050 thinking it would pull back to the low forties for me to buy in early Friday am, and the blighter soared up to 0.075. Maybe the chartists have a better idea on entry / exit points, but I am not a chartist - yet!