"When you buy stock in a company, you're buying management."
In numerous instances I would heartily agree with you; however, with ERHC, I cannot. I cannot at all.
I would find it laughable at best to think that any of the "long and strong" group - or anyone for that matter, bought any position in ERHC because of "management".
I don't know about the rest of you (and it is certainly none of my business)but I bought a very risky penny stock, with only money I knew I could afford to lose. I jumped in with both feet based on information and emotion which pointed to a massive and life-changing return on that investment.
It had nothing to do with management. It had everything to do with oil - pure and simple.
Sorry it took me so long to reply Kobi - I've been out of station for a time.
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