ERHE - ERHE Energy

[mhertz]

Any thoughts on ERHE Energy (ERHE) -- an independent oil and gas company, based in Houston. Worth half a billion dollars in market cap. Trading at $0.75. Looks like it could pop.

[stockbroker]

I think its already popped. Its hitting some strong resistance right now, wait for it to come back to $.30 before buying.

[mhertz]

But take a look at its bollinger bands -- it's right at the bottom of its lower band. Based on that it looks like it still has a great s/t upside -- 20%?

[chinaman711]

Hit a brick wall friday at .85 look for it to test that again. Don't think it will ever see .30 again but who knows. Watch UPDA next week for news.