Replies to post #5568 on ERHC Energy Inc (ERHE)

[ds1]

Ruby, I'm not sure about that. I now believe that we will see spikes with the finalization of each and every step and the usual retracements until the PSC is signed.

[ILUVERHE]

I agree Ruby. It's a non-issue. Those expecting a run from official letters are only fooling themselves.

As far as I can tell, nobody has put forth a good reason for the price being where it is other than this is the price the market feels is appropriate. And I really dislike the taste of that answer. But those trying to prop the price by starting expectations of non-events as events are only setting us up for more sell-on-the-news moments. I know I am not alone in my displeasure with the current price. Many I know that got in with me are feeling the same frustration. The daily bleeding doesn't make anyone feel better. If we were range bound, that would help. But we don't appear to be anything other than selling back to where we came from last week. If $.45 is the bottom of the range, then many of us have missed some important DD about this play, and we need for someone to find the answer. I know I don't have it.