Replies to post #227631 on ERHC Energy Inc (ERHE)

[TOB]

Excellent analysis, and some excellent points. When looking at stocks like ERHE, we are all prone to our biases at the time. Thus the same data looks different depending on our current attitude: bullish, bearish, neutral.

Everyone is subject to this, I've seen highly accomplished researchers cherry pick data to suit their mood entirely without realising it consciously. When I point out the losers they missed in their study, they just didn't see them. What makes them professional, is the falsification that takes place after the study. That and submitting their work to colleagues for critic.

The other is perspective, your evaluation is more robust than the simplistic and agenda driven statements you are responding to. Rather than cherry picking to suit your agenda, you examine the whole deal and see it more realistically.

[Pepsiman2001]

I was thinking the same thing. Though I am too tired this evening to post that and argue with the same crew as usual. Good post.

[mz157]

sorry but i disagree.

hdy did the deal near all-time highs (even if it was at a discount) when there is momentum which is the proper way to do a PP. as i have said before, i am fine for companies doing PP's as long they are from a position of strength and not weakness. ERHC did it from a position of weakness

erhc did the deal near all time lows...#1 no no of PP's from a company perspective.


hdy did the deal with one of the most respected investments firms on the street. we still dont know what shady entity erhc sold the shares too. and as i also said before, its advantageous to make the entity known (if that is entity is reputable). why do you think HDY included it in their PR????

sorry, but your argument holds no water with me. and apparently the market agrees with me. erhc has been in a downtrend and HDY shot up today as they did the PP perfectly.

[midtieroil]

Let's make one more comparison between HDY's offering and ERHE's. HDY's share price was up 16% (42 cents on a $2+ stock)after they diluted the stock by 12%. I don't think I want to remind anyone of what ERHE's stock did after they diluted far less. I think that closes the case and points out emphatically the difference between a good stock offering and a horrendous one.

[tryoty]

Buffalo, that's buffalo chips my friend.

HDY did a deal with Blackrock, one of the most prominent investement firms on the planet with assets being managed of $3.45 trillion and 8500 employees in 24 countries around the world. Blackrock is so well renouned that the attention its name alone brought to HDY raised it's share price.

http://www2.blackrock.com/global/home/AboutUs/index.htm


ERHC did a deal with... golly we don't know because Ntephe didn't have enough pride to announce who it was... or it was a shady gift they couldn't announce.

The two deals can only be compared to show how one company raised its share price through the pride it had in it's tranasction and the calibur of its partner, and another lowered its share price by indicating that it wasn't proud of its transaction through concealling the participant(s).


Comparisons between HDY and ERHC however, can be made, they are quite similar companies. Comparisons between those buying that placed shares cannot because its a secret. Na-na-na-na-naaaa-na!

Until we get a CEO that understands managing a U.S. listed company, we will keep seeing these mistakes. Ntephe could be a brilliant business mind in Nigeria. Maybe he can even make it in London. But he hasn't, isn't, and doesn't seem capable of doing anything to raise his share price in the U.S.

Even Offor has got to be getting tired of this cr@p!