Replies to post #361777 on ERHC Energy Inc (ERHE)

[ssc]

erhe's largest shareholder guerguerian dickran, creator of all the erhe short selling kaka, made the following statements (in all caps no less lmao):

YOUR POSTS MOTIVATE ME TO TAKE DOWN THE SHORTS. AND I ABSOLUTELY WILL.

One might ask when, or what are you waiting for, since you have been making threats like this for many, many years now? Of course dickran would answer with "any day now" which should mean within the next few days or soon (the accepted definition used by rational people) OR in his/her delusional, deceitful mind and by his/her own admission 365 days from now or 3650 days from now or many decades from now. And, as dickran puts it, it's not a lie if you believe it.

That tells you everything you need to know about erhe short sellers, dividends, dollars/share buyouts, Shell bidding wars, and $8/share short squeezes.

[badog]

vegasandre...you bring up a good point. Even if there was a short squeeze who could take advantage of it? If you can't buy or sell then you are stuck. Maybe a persons broker could unload it for you...maybe not. Glad my 60,000 share only cost me $12. I'm not in a challenging position. While I would like to get $6,000 for my $12....there may not be a way to do it.
Badog

[Strategyone]

Vegasandre,

If positive news develops on ERHE, then there will likely be two possible outcomes (IMHO):

1) News comes out of an outright buyout of ERHE. In this case, no worries on your shares. Those shares will be replaced with $ in your account on transaction date.

2) ERHE could actually file to become compliant again. IMHO, only reason to do this is if some positive event is imminent. If they filed to become current, your shares would become tradable in your account.

GLTA