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JBond007

02/19/06 11:53 AM

#23314 RE: nwtf #23312

To all Long Termers. Thanks so much for the great breath of candid posts and rebuttals to the naysayers. I too am a newbie albiet a big one though. A friend told me the ERHE story and of course I laughed hysterically for a week or two saying how foolish he was to go into a penny stock and even worse a Nigerian one. Slowly through osmosis I started day trading ans hit a few 5-10 cent moves up and eventually realized how foolish this was as I was buying the next day at a higher and higher price. I am a consultant in the Middle East for a very large NOC and move freely between the states and the oil kingdoms so I have first hand knowledge of the "elephants" as well as negotiations with emerging governments. I feel very very good about the ERHE story and instead of day and range trading the majors I am now a long term investor (for the first time - in a previous life I was an energy trader for 12 years so I was always quick to trade as my living depended on it). I am looking forward to the coming two weeks and hope to goodness we hit a big breakout and get this sock up over $3/sh real soon so we can all pop a cork and relax a little. A lot is riding on this and may all our dreams of riches come true for the gamble. I agree with cowboy on keeping this one close to the vest as 99% of the folks out there would say we are crazy. Well I hope in a few weeks they are saying "They were sure lucky". Like most of the conservatives sophisticated investors out there who have the pedigree MBA's and are happy with Midern Portfolio Theory returns of 8-10%/Year I say keep going. Myself I will ride the big wave everytime and shoot for the moon as life is just short for the "play safe" mentality that most of the herd follows.

Cheers and thanks again for the prior posts as they really hel one be committed and laugh at the sale time during these insane times.

JB