Replies to post #322867 on ERHC Energy Inc (ERHE)

[proftstocksny2]

Went from .0002 to .0004 so doubled from 1bn t/o. Pretty straightforward. No evidence of further dilution, esp as a reporting company, right? Why try and come up with your own speculative numbers?

[Manti]

Impossible to have os of 4+b when the as is only 3b. You should probably re-calibrate your formula you're using.

Keep in mind that much of the volume was the same shares being recycled. Those who bought the 2-300m 2's would have been selling a chunk of them as a quick flip, and then perhaps even buying back.

There has also probably been a billion or so shares dumped in the 1's, many of which would have been for sale, as many would sell half to go to free shares and others would just take the money and run.

This is just a waiting game now.

Place your bets...