A run of more than 35 straight buys topping 350,000 shares has failed to move ERHE stock up more than half a cent this morning, lending renewed credence to rumors of an impending buyout but again provoking concerns that market makers are manipulating the share price by failing to allow it to rise.
Buys currently lead Sells 449,945 to 11,305.
The remarkable run of Buys has not seen an equivalent since the award of concessions in five blocks of the Nigeria-Sao Tome and Principe Joint Developmnent Zone to ERHC Energy on May 31.
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