Replies to post #207717 on ERHC Energy Inc (ERHE)

[bobwill9]

eh? "the stock trading as if there is no good news on the horizon" heck look at the volume hoss, this thing ain't moving much at all. How do I handle it? ERHE is currently has no role in my retirement portfolio and I have a 20 yr time horizon, so given those two basic things, plus I have a life outside of the internet friends network some will call IHUB (LOL!), I try not to sweat it. Now if your time horizon is short, and it is a major part of your retirement, then I could see where you would be gettign whadded up over this.

Otherwise, go to work, or go fishing, or go play ball with your kids, but don't stare at IHUB all day! ;>)

[wcamom]

zanex

[ssc]

IMO, the loudest of the happy boys are those with a cost basis in the .10 - .20 area. They have most likely already taken out all they invested and are now enjoying a free ride and cheerleading their butts off in an effort to keep anyone from selling before they do. And remember, Offor bought his shares for .015 so even .15 is a 10 bagger for him. It's a totally different ball game for those who took the bait and bought near the highs of any of the various dot-connecting, secret source, phantasized run-ups to .70, .80 or even .90 cent levels.

[petemantx]

You are short term in your thinking and thus worried about the SP today whereas most longs on the board are looking at the timeframe of when results are posted, further drilling is finished, and some sort of consortium/buyin/buyout occur. May not be on the immediate horizon but definitely on the ever approaching horizon. I would've said near horizon but with this stock it may be another year or so (but praying it isn't).

Most longs are probably green, some very green, but the investment has not been noteworthy as of yet. Most longs think that is going to change in a very big way when the situation finally starts to come to a boil.

I am sure you would be amazed at the faith some here have in this investment as evidenced by the amount of money they have put at risk.

[texsun2003]

swood, sorry you're down. Yes, the drip, drip as you put it hurts everyone, particularly those who bought in the .60-.90 range. There are many here who started buying at .08/,09 many years ago and took advantage of the big drops to add from time to time. Fortunatly for them, many have averages in the lo to mid .30s
Patience in the key to ultimate success here, but the drip drip hurts everyone.

[tryoty]

Good lord it was just at 11 cents 14 months ago! If that's drip, drip, drip give me another dripping 6 bagger over the next 14 months! That would put us at $3... which is well within reach.

The optimism you seem to take offense with comes from the DD done over many, many years. The share price bouncing around is only painful if you're looking to sell... and I've been there, it's a dark place. Luckily I found other money and was able to hang on.

I *think* I have plugged enough leaks in the S.S. Tryoty to hold my entire position for another 16-17 months. I hope and pray we don't have to wait anywhere near that long. I prefer to think that Peter Ntephe is not so out of touch that he doesn't have anything planned for shareholders in that timeframe. These two new Director's were brought on for a reason. Either the JDZ is a boon and they wanted in on the ride, or the JDZ is a bust and they want to do to ERHC what they did for Addax. That's *not* a bad safety net, and it's a net we didn't have before.

I just hope it doesn't get too ugly at the AGM next month if we still don't have results. It would make all involved look terrible, IMO.

[nwtf]

swood6
How do I handle it?
I buy low and sell at a higher price. I dont buy when its high and dont chase when it starts to run.
Its actually pretty simple if you know how to read a chart and have patience.