Replies to post #337612 on ERHC Energy Inc (ERHE)

[Krombacher]

What???

What hype? There was no hype. What new investors?

A concentrated few longs bought a bunch of shares... investors that have been around this company for over a decade.

Dude seriously...I have no idea what you're talking about.

Krombacher

[Julius Erving]

I can factual explain that this is sheer bullshit:

No, the people who bought in on the hype are the ones that are having nightmares about now.

Like has been mentioned so often: the longs have bought most of their share count in the .000 region. That has been some time ago now. Question is: hasve, since that period of buying large amounts of shares in the .000 region, factual devolpments come out that 'prove' this was a bad decision?

No, on the contrary even:

http://www.search.txcourts.gov/SearchMedia.aspx?MediaVersionID=528ce4db-8d5c-4bd0-a106-e8ae32ef7211&coa=coa14&DT=Brief&MediaID=1e7a9141-7fe1-44e4-bb39-243400946754

One also needs to mention that in terms of dollars spent, this period of buying huge amounts of shares in the .000 region, is very modest in comparison to the already 'written of' investment dollars at much higher prices, for instance during or before the period of actual drilling in the JDZ... which certainly could have given us oil.

But I think we are currently in a even better situation, than when we were pre JDZ drilling, if you compare the share prices at that moment.

ERHC is now at .0005 a better 'buy' than that is was pre-drill at (what was it?) 90 cents...

So, like always: sheer bullshit again, just to franticly try to generate some volume on the ERHC board. An effort in vain of course.

The Doctor (of recognizing Bull Shit)