Penny Stocks With Great Stories - ERHC
The Dynamic Wealth Report
July 6, 2009
A Penny Stock Worth Billions?
by Robert Morris, Editor
One key characteristic shared by winning penny stocks is having a great
story. It sounds simple enough. But truly great stories are hard to come
by. The business must be compelling and have a high probability of
success.
Now, we’re not looking for companies with nothing but a pipe dream. Or
those who claim to turn lead into gold… or water into gasoline.
We’re looking for strong stories that highlight the true potential of a
business.
One company embodies this thinking perfectly – ERHC Energy (ERHE).
Never heard of them? I’m not surprised. Despite the company’s mind
boggling profit potential, few investors dig deep enough to uncover a
gem like this.
Here’s their story…
It all starts over a decade ago. Back before the real estate bubble and
the wars in Afghanistan and Iraq. Before 9/11, the dot com bubble, and
the Y2K bug. Back when oil prices were a paltry $20 a barrel.
The year was 1997. ERHC just discovered an opportunity for deepwater oil
drilling off the cost of West Africa. The company entered into an
exclusive joint venture with São Tomé & Príncipe, the country with
control over the rights to the area.
-------------Sponsor-------------
Where Can You Turn $300 Into $1.3 Million Right Now?
Our own small-company specialist, Robert Morris, has found a
way to 'sniff out' tiny penny stocks on the verge of a major breakout. And
the timing for this has never been better.
You see, the system takes advantage of an obscure SEC regulation that
sends penny stock prices through the roof.
We've seen some stocks gain 852%... 5,450%... even 17,496% in no time
flat.
Click here
for the details...
-----------------------------------
Unfortunately, like most things in life, nothing goes as smoothly as
planned.
Apparently, Nigeria also laid claim to the same areas. After years of
negotiation, the two countries decided to work together. They formed a
Joint Development Zone (JDZ) for the area.
In 2001, ERHC was awarded exploration and production rights in the JDZ.
ERHC’s interest in the area continued to expand. By 2005, they had
secured an economic interest in a number of blocks. Each block
represents a different drilling opportunity. The company was also
actively working with major exploration and production companies to help
with exploration.
They’ve identified some of the most promising areas. And in the next few
months, they’ll start drilling exploratory wells.
The potential for ERHC is huge.
Depending on the price of oil and the size of the undersea fields, the
oil they discover could be worth BILLIONS.
This kind of news couldn’t be more exciting for the shareholders and the
stock. Every bit of news about the JDZ helps push the stock price
higher. New developments and discoveries, news of partnerships… even the
rising price of oil are all helping to propel ERHC’s stock to new
levels.
ERHC performance since the beginning of the year is nothing short of
amazing…
The stock rallied from 10 cents back in December to more than 70 cents a
share…
a return of 620%. It proves when you get behind a penny stock
with a great story, the returns can be spectacular.
While doing my research for my
Penny Stock Breakouts service, I
occasionally happen upon stocks just like this one. I’d love to include
them in that service, but sometimes they just don’t have the volume.
You see, if we sent this trade alert to our 5,000+
Penny Stock Breakouts
subscribers, the immediate buying would push the stock through the roof
on day 1. That just wouldn’t be fair to subscribers who were late to the
party.
To remedy this, we’re launching a new penny stock trading service called
The Penny Speculator. It’ll focus on tiny stocks, like ERHE, that trade
for under a dollar a share. And because they tend to have lower volume,
we’ll be limiting the initial memberships to just 1,000.
That way we can recommend inexpensive, but highly explosive penny
stocks, without influencing the market. We’ve been beta-testing this
service for a while and the results look extremely exciting.
We’ll be launching this service to our
Dynamic Wealth Report readers
before the general public later this week… keep an eye on your email
inbox for more details!
• Gambling (Up 22%)
In the last three months, one of the top performing industries is
gambling. Right now the entire industry is being lead higher by a number
of small capitalization companies like Shuffle Master (SHFL). Some of
these stocks are up over 100% already.
Print
Page
Bookmark Us