Replies to post #19415 on ERHC Energy Inc (ERHE)

[TheDane]

I agree with you, Spec...Since he would get his shares at 30 cents it leaves very little incentive for him to excercise the options. But if he tried to buy that number of shares on the market he would drive the price up beyond his excercise price. I think if he does excercise his options it definately tells us he thinks it's going up. however, if he does not excercise...Hmmmmm, not a good sign.

[stockhocker]

At 30, he's getting his shares for the same price that people are buying them today, and these buyers didn't have to work for theirs.