Replies to post #211296 on ERHC Energy Inc (ERHE)

[Krombacher]

My prior analysis just goes to show how just a few investors with a let's say $100k altogether can move this stock so much over so long a period of time.

Now you could accuse the traders, but the reason the stock moves so much is because it is very illiquid. (that means there isn't a large enough pool of buyers and/or sellers to move price in small increments). So the stock moves in large increments. In theory, the traders are good, because they provide that liquidity.

Still we don't have nearly enough traders...making the existing traders price movers. It must be so easy:

sell some. say negative things. sell some more. say negative things. sell all of it. say negative things. THEN BUY BUY BUY.

Next go the other direction, say positive things, buy a little more...and so on...rinse repeat.

Ironically to stop this pattern, we need more traders not less of them. The more competing against each other, the better.

Krombacher

[bayfisherii]

Krombacker,

A little unusual in determining your numbers but effective none the less.

I suspect that very few of the true Long-Term holders are leaving. There is simply not enough information being given out to warrant an exodus.

This stock is so tightly held that any type of exodus would generate a free fall in sp. We would know it and know it quickly.

We have seen our current share price status continuously over the last 5 years. When information gets tight the SP drops, when info (right or wrong) flows the sp tends to rise.

Here is hoping that the Powers that be throw us a bone at 3:00 today!

Bayfisher.

[stonemountain]

Good point of view Krom. I just spoke with a fellow ERHE investor about the percentage drop in the past few weeks/months while we are all waiting results. One point I keep in mind. Has anyone from the inside, (meaning officers or Chrome or EO)sold? Think about your account in terms of dollars per percentage point drop. Then think about theirs. I don't think the major shareholders, who do have a hand on the reins, like to see their numbers drop either.