Replies to post #216123 on ERHC Energy Inc (ERHE)

[exceo]

getit: Very kind of you to say that. Thank you. Sure wish the crystal ball would have told me to sell at .70
Maybe I will get a second chance. My long range strategy (perhaps like many others) started at a One dollar pps.

Good luck to you and the best to you and yours.

[farviewhill]

It's not been without pain, but over the years of investing, I have come to the investing strategy, with precious few exceptions (ERHE one of them), to avoid extremely very high risk companies, such as bb's, until the fundamentals have stabilized to form a worthy risk investment. This is predicated on the position that I would rather end up paying more for shares that are going up, rather than to potentially end up worthless and incur years of dollars not 'working' for me.

Huge positions, and incredible leverage from penney stocks are potentially phenomenal, but are few and far between and have a way of being a 'curse' and distorting one's sound perception of things as one becomes caught up in a dream gone bad, imo.