Replies to post #221277 on ERHC Energy Inc (ERHE)

[seek the light]

Opportunities for huge returns are only present when the collective wisdom of Mr. market is in error. Like now with ERHE. In my Opinion.

Good post BB.

[bayfisherii]

About as asinine as the guy that first bought Microsoft in the mid 80's.

Market pricing is a reflection of market knowledge, the market does not like risk and the unknown.

SSC, are you saying that the market with its interpretation as to the value of ERHC has the ability to see downhole and knows what the amount and value of hydro-carbons there are in that area?
Because again you have made one of your 'now famous' dumb reponses.

Our price reflects the insecurity the market feels over the lack of information that is coming forth. That and nothing more.

If they come out and say there is nothing there then our price will fall even more and will only be propped up by the potentiality of the EEZ. If they come out and announce Phase II then our stock will respond in a correspondingly upward path.

Simply put, the market values its knowledge of our asset potential and not our asset's hydrocarbon potential.

Bay

[petemantx]

The main area where we disagree is how we each interpret the market's view of ERHC. Your approach says that since the market currently says ERHC is worth $.31 it must be a penny stock. I view the market as being no better, and probably much less, informed than those of us on this board and how much do we know? Diddly squat is what we know. and that is what I think the market knows.

You are correct in your logic as to current pricing but you seem to take nothing into account as to potential, expectations, etc. and I put most of my belief in those areas. Just one area we aren't ever going to agree so we must accept each other's basis for our differing viewpoints.

IMO we do have a chance to attain lots of value thru ERHC but that is still dependent on future positive results so talking about ERHC being worth a great deal now is HIGHLY speculative but it is certainly not just a pie in the sky wish. On the other hand, I find your constant talk of ERHC as a penny stock worth only what the market tells us NOW is just as outlandish as extremely high value numbers.

Since neither of us can be positive of our position we just have to take opposing views with a grain of salt. Too bad opposing views result in personal attacks but that happens when people have a lot riding on the outcome of an event.