Replies to post #139276 on ERHC Energy Inc (ERHE)

[exceo]

brez63: For what it is worth, here is mine but it is five years old. When it hit $1 I planned to sell 1,000 shares a month while I waited. At $2 I planned to sell 500 shares each month until it hit $5 at which time I would sell 50% of my holdings. At $10 I would sell 50% of what was left and the remaining at either $20 or $25 depending on how long it took to get there and what I felt at the time.

YOu have to do what is best for you and your situation.

GoodLuck to you

[majicathome]

Breze,
entering / exiting any stock is the balance between risk / reward, diversification, taxes ( short term vs long term ) and finding a better investment for your money based on due diligence.

Deciding risk comfortability, at what point you want to take some profit off the table i.e. keeping 'free shares' invested, life points i.e. age vs market long term trends, dependency issues i.e. wife's views, new baby, college tuitions, make investing a very personal decision.

Only you can create the balance sheet. Good luck

[tryoty]

We don't need an exit strategy.

Offor figured that out for us before he bought Environmental. Unless you're just talking about taking some profits along the way, the end game is already known.

Just not by us.

I think there are a lot of weary investors prepared to take a few off the table on Kina results, which *will* be an upside surprise. After that "reward" for the painful wait I think most are in for the duration. I'm not saying everyone will hold everything, but once proven numbers start coming in, being out of the stock isn't an option because they could monetize any/all assets at any time. Offor isn't trying to build a company with ERHC, IMO. He wants to prove the JDZ and 4/8 STP blocks (depending on whether they buy EEL) and sell the whole lot to the highest bidder. He stands to make upwards of 5-6 BILLION dollars... he'll cash out for that. IMO.