Replies to post #351937 on ERHC Energy Inc (ERHE)

[lovemelongtime]

Actually went to .004 I believe sir.

[ssc]

Yankeemike, thanks for pointing that out. I forgot about the brief pop in erhe share price last year (all the way up to almost a half of a penny lol) before it returned to the triple zero levels where it has spent the majority of time during the last 6 years. It brought to mind this post made near the beginning of the pop amidst yet another avalanche of bullshit about done deals and dollars/share:

This exciting time for erhe shareholders provides an opportunity to evalute:

1) If there really are over a billion shares short AND if those who supposedly own all erhe shares will not sell until proven oil or a buyout (if only there was even a tiny sign that a large erhe short position exists)

2) If there really is a "done deal"

If 1 is true, there should be no problem running erhe up into the pennies and even higher - you know, the epic short squeeze lol.

If 2 is true, an announcement from erhc should be imminent.

But if neither is true, then erhe should be capped by stuck longs anxious to cash in their paper gains after almost 4 years of silence. Based solely on yesterday's price action and volume, I don't think erhe will be visiting the asinine $8 level any time soon.

The nice thing about this is that all the bullshit can be ignored as price and volume will, as always, tell the real story.

And, no surprise, erhe proceeded to be sold down to near zero where it has resided ever since. Please note that post was made as the move was underway and bullish excitement was high, not after the fact. Listen to the message of the market.