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Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC)

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To: Jeff Williams who wrote (135)10/2/1997 5:59:00 PM
From: GrnArrow   of 671
 
Hi Jeff: Hopefully there is no evil lurking in the hearts of men ... then again it looks like the MM's enjoy widening the spread whenever they can.

I'm a little surprised by the selling pressure considering financing news should be out soon. I'd think most people would want to wait to see how that shapes up before selling...but people sell for many reasons. I don't expect it to pop the price to the ionosphere though. Maybe the troposphere. And if they do something like a convertible debenture with a sliding conversion rate, it could deep six the stock. Hopefully they're smarter than that. Time will tell.

regards,
Mike
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