The ridiculous thing is trying to blame naked shorting for the erhe stock price near zero when management has done nothing to support it for more than 8 years.
Maybe it's because management can't support it because there is nothing there? I still have to think that the only thing they could be thinking is to file a legal action to see if they could get a piece of block 4 back....or a settlement? But that would only happen if oil was found in commercial quantities. And Shell has some pretty good attorneys of their own. Odds of ERHC winning would be slim to none IMHO.
I knew this board would get awfully quiet.....It did.
The thing is if you look at at ANY stock that is in the low pennies and sub penny they ALL blame short sellers.
The ridiculous thing is trying to blame naked shorting for the erhe stock price near zero when management has done nothing to support it for more than 8 years.