Rookytrader did that come off as an excuse? If it did I apologize. The main reason the stock went down was uncertainty over an awards date. And too long a period between the April 9th Exxon deadline and a JMC Meeting being scheduled. Too many previous delays have also added a fear factor to this stock.
ERHE is a very simple story. If they get awards the stock will go up. If they dont the stock will go down. All the rest is noise IMHO.
All I was trying to say in my previous post was yesterday's general stock market action exacerbated the situation. Im not into MM conspiracy theories.
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