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

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To: Trooper who wrote (320)4/12/1998 10:14:00 PM
From: fern  Read Replies (1) of 671
 
John I have a rather large holding in erhc & am familiar with thier prospects. In the last couple of months they have announced news that they have 10 Million in fiinancing,maybe adding up to 3 countries in africa, beginning in Panama,contract in louisiana,bond bid in mexico & now the rights to sell concessions in africa how much more good news does the market want? This of course does not include the Texas property,or the Chevron master agreement. With all this good news one would expect the stock price to be much higher. It is still my belief that the stock will stay depressed until the shorts are covered, no matter what kind of positive developments. I myself am using this as an opportunity to buy more stock @ these prices because sooner or later this stock will take off.
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