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02/22/20 10:08 AM

#335405 RE: Julius Erving #335404

The most basic instrument is buying, but not much of that happens. I wonder why not. For the sake of argument let's say I believe there are a few people out there who want to buy a sizable quantity of erhe stock (including yourself, according to recent posts). Please answer the following 3 questions with either a or b.

1) The reason no one will pay 1/10 of a penny/share for a stock that is supposed to be going to $8 is:
(a) they aren't interested in making an 800,000% profit or
(b) they don't believe the stock will be going anywhere close to $8

2) The reason no one will pay 1/10 of a penny/share for a stock that will be paying multiple 1 cent dividends is:
(a) they don't want to earn multiple 1000% returns on their investment or
(b) they don't believe erhc will be paying multiple 1 cent dividends any time soon

3) The reason no one will pay 1/10 of a penny/share for a company that will soon announce a $100 million cash plus carry deal that would be worth at least 3 cents/share is:
a) they don't want to make a 3,000% profit or
b) they don't believe a $100 million deal is on the way