Wednesday, February 23, 2005

Bloom's Still On The Rose As ERHE Climbs Again

Early pre-market trading, which has been rare in ERHE, drove yesterday's $0.54 close to $0.53 with an ask of $0.535 before the regular market opened.

At 9:28am EST, the volume was 16,900 and the selling had stopped.

Some 270,000 shares traded before the market opened Tuesday, driving the price $0.03 higher before the opening.

The price jumped immediately to $0.535 on 109,852 at 9:30, reached $0.54 at 9:31:08am EST, and $0.545 at 9:32:08 on 226,952 shares of volume.

Update, 1:31pm EST: After hitting a high of $0.555 at 12:41pm EST, the price has settled in at $0.055, $0.009 higher for the day, on good volume of 2,015,168 shares. Late afternoon trading is still expected to improve the price.

Update, 1:26am EST 2/24/05: The share price never got higher than $0.555, and actually closed down one-one thousandth of a cent, at $0.54. Extended hours trading at 4:02 took it down another cent, to $0.53, before the S-8 filing was announced at 4:06pm EST.

No comments: