Replies to post #227185 on ERHC Energy Inc (ERHE)

[mz157]

pepsi - you realize these deals happen all the time and alot of the time the buyer just shorts it and covers with the PP shares. not saying this is definitely the case but it could be and that its not all pie-in-the-sky.

also, if an institution did invest 2mm, that's generally chump change for someone with decent AUM. and near all time lows, the upside-downside is pretty attractive. how you can not see this was extremely expensive for erhc is beyond me...

[midtieroil]

You can say it's great that someone invested 2 million but that does not show me one iota of trust in the long-term viability of this company. What it shows me is that with the deal they got they think they can make money on this stock no matter how it performs in the long run. These guys will soon be shorting the hell out of this stock on the AIM and they will have the warrants to cover their short position if that becomes necessary. It's classic lousy financing done by companies who are desperate and can get nothing else. Anyone who actually thinks this financing was a plus, does not understand what they just did.

[farviewhill]

That 2 million invested in ERHE is very intriguing and appears to be a very bullish omen..
Hard to find an investor throwing away 2 million dollars on a lark.
When the 'story' finally comes out, we may all be incredibly surprised.Right now, it's hard to put one's bullish arms around it and understand it all.