Replies to post #6598 on Addax Petroleum (fka AXC)

[oil-cowboy]

"My gut says ERHC Energy will be sold within the next 6 months. My heart flip-flops on how it feels about that."

That sir, completely depends on what number they get. I wouldn't say no for a bird in the hand.

[lovemelongtime]

It's time to smell the kill Troy, we didn't suffer this long 13 year journey to run out of gas now!!! The hardest part of any athletic endeavor is the end when you have to nut up and overcome the fatigue and discouragement and finish strong, this is so true in athletics, buisness and life in general, my wife competes in iron man triathlons, she felt like giving up in Hawaii this year at the end of the run but I kept telling her to Smell The Kill!!!!!!!!

[Strategyone]

Great post. This is precisely what I was trying to get across about the FEARGAP. Summed up nicely in your quote below.

They had 750M share out. They diluted to 3B, that's an increase of 4X.

Yet the share price went from 13 cents to .0003... at that point it was 1/433 of 13 cents.

4X dilution. Share price divided by 433. Can you say fire sale?

[jsc52033]

yes I agree, but if they sell it will be to a shark and we still get cleaned, but having added at hese prices can get out whole and some profit jmo