Replies to post #338815 on ERHC Energy Inc (ERHE)

[emdyal]

If that were true there would no need for all the discussion and being on guard to protect the shorts and those eager to acquire those rich ERHC assets in the oil rich gulf at the lowest possible price !

[Julius Erving]

Like Warren Buffett said: "Price and volume tells you nothing!"

And I think he knows what he is talking about. He also explained in great detail why price and volume tells you nothing.

"If anyone believed the price was going to $8 or even 8 cents there would be enough buying to move the stock closer to a penny than it is to zero."

The insider(s) that paid for, and invested time into the 400+ pages of litigation regarding just EEZ block 4 alone believes the share price will go at least past 8 cents. Otherwise it would not have been worthwhile for this majority owner to start and fight this lengthy court-process.

This is not rocket science, and it has been mentioned here more than several times.

The shorters have no other option than to wait for news from, for instance, TOTAL.

The Doctor