Purchases of ERHE are running 500 percent ahead of sales orders this morning, with more than 516,102 shares purchased and just 96,110 sold as of 11:35:35am EST this morning.
The share price sank to $0.326 before blocks as large as 50K and 100K began trading in earnest around 10:10am EST.
The buying had little effect on price, however, except to move the Ask back to $0.34 and the Bid to $0.335.
Update, 1:07pm EST: 245,000 shares were picked up in the last half hour, perhaps signaling news that we haven't seen yet. Blog traffic is also up dramatically. The Bid and Ask have risen to $0.34 x $0.345. Volume cracked a million, at 1,017,712.
Update, 1:19pm EST: A 90K purchase just hit, and now they're popping like firecrackers at $0.35 in consecutive Buys. We're at $0.345 x $0.35. Volume is 1,187,712.
Update, 3:18pm EST: Volume is 1,569,812 after a 175K buy in 6 chunks ranging from 5K to 60K, the latter at $0.36, the high of the day. The Bid and Ask are 0.345 x $0.355 per E*trade, $0.35 x $0.355 per ADVFN.
Update, 3:38pm EST: Another 50K buy, but the Bid and Ask have fallen to 0.345 x $0.35.
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