Replies to post #338402 on ERHC Energy Inc (ERHE)

[Krombacher]

I didn't say that no one knows. Clearly Total knows and Erhc knows and maybe a handful of other people like their attorneys.

What I said was that Mr. Market doesn't know. Mr. Market does not do the same level of due diligence and read 400+ court documents then put two and two together and SPECULATE on the outcome.

I do it. A few others do it. But those few are not enough to constitute Mr. Market.

Now will Mr. Market EVENTUALLY figure it out and price this stock at an appropriate valuation? Maybe, it depends on how efficient Mr. Market is to decipher all the DD.

That said... it doesn't matter what Mr. Market thinks because all that really matters it's what Total thinks.

Krombacher

[Krombacher]

I don't make any allegations about the many many people who might know the redacted terms to go out and violate non disclosure agreements and just ethics in general by buying shares in erhc and bidding up the price on the basis of confidential information.

The world is not all nefarious and it is certainly possible for many to know, such as erhc's lawyers or Total's lawyers, and not act on that knowledge through trading of the stock.

Krombacher

[Julius Erving]

What you always seem to forget is the fact that any terms of the deal between ERHC and TOTAL (called by you as: "the possible deal" lol), results in a much higher share price than currently is the case.

So you don't need to know the specific terms in order to be able to conclude that the current share price does not reflect the current value of the this company. And what you certainly can't do is make the claim that at this point 'the market' is right in it's valuation of ERHC! Or that the contract "possibly" does not exists at all.

Actually, you are saying this yourself:

If no one knows the terms of the possible deal, then how can anyone know it is worth (...)

And that is what WARREN BUFFETT is trying to make clear to investors accross the globe: you cannot say anything substantiated about a company by just looking at the share price of that company, as a lot of ERHE shorters constantly do now!

So all this is very bad news for ERHC shorters, since it proves beyond a reasonable doubt that ERHC is factually (probably grossly) undervalued.

And the fact that we can conclude that ERHC is undervalued, instead of claiming it is at the brink of a bankruptcy (for years now, lol) is all a genuine ERHC investor needs to know.

Anybody would be pleased with such a factual conclusion, but that is not the case, for obvious reasons.

The Doctor.