Grand Master Jedi
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$4.73...ouch!! She keeps going down!
To say the least! I was just looking at the trading today, and was convinced we were going to end above $4.00!Every time a break out would occur a pull back would follow. Grrrrr!
Based on the time gaps of the previous updates we won't get another one until next week, unless its released earlier than the others. Im pretty sure management is aware that the market will want something more than a quote from management stating that they are pleased with the current results. The next update needs some real log data in it for long positions. We will know soon enough...until DA bell!
$ZN
It looks like one could be forming and if it does flag out we could have a breakout especially with an update on the horizon!
$102k at DA bell....Hgmmmmmmm!
I will be quite satisfied breaking the 52 week high!
Premarket looking good this morning!
$TWTR
I don't doubt that it was a disservice, which is why one should trade accordingly, but to trade according to faith...no, this is not the way! There are many ways to create gains in the marketplace, and trading according to faith is certainly not one of them. Its no wonder why you incurred the losses you did, in which I take no pleasure in knowing!
IMO, this prophetic analysis of why you believe Zion will not find oil at this well is absolutely absurd! Trading and holding stock based on the scriptures or what so called prophets say is one of the reasons why investors acting like traders get slaughtered. Yoda, like many others, began learning the marketplace more, and more due to captial losses incurred, but not everyone is the same!
Yes, its true the scriptures reveal much about the age we are living in, BUT to treat them like they are some kind of road map to hidden treasure is certainly mans doing, and not the Lords. I have seen some of those videos of Mr. Brown using the scriptures to recruit investors, which I do not agree with, BUT to each their own. There is more to be stated, BUT I do not have the time nor the desire to debate your posts via ihub. I have already spent more time then I care to in responding to this post. If you were a trader you could have made some or all of your losses back, but you are not, which is fine because not everyone is. Anyhow, GLTY and good day sir!
This exactly what can happen here, and if such an update occurs...this baby is going to SURGE!
"We feel that in 2017, we will encounter that first significant commercial production of oil and gas," Victor G. Carrillo, Zion CEO, (https://www.zionoil.com/dspp/).
I know you are aware of this but many here are not:
Zion's prospectus states that the Israel Petroleum Commissioner modified Zion’s work plan deadlines, which was subject to TWO KEY SPECIAL CONDITIONS of Zion signing the drilling contract. First was a detailed engineering plan, and second was the spudding of an exploratory well, which was announced on 6/4/17, (http://www.prnewswire.com/news-releases/drilling-begins-zion-oil--gas-spuds-megiddo-jezreel-1-well-300468402.html.).
The prospectus stated that Zion timely complied with both of the key Special Conditions to their existing license, which was established by the Israel Petroleum Commissioner. Zion provided the fully executed drilling contract on 10/3/16 with S.A. Daflog, S.R.L., an Israeli-registered related party entity to DAFORA S.A., and a Detailed Drilling Engineering Plan for the Megiddo-Jezreel #1 well. On November 29, 2016, the State of Israel’s Petroleum Commissioner officially approved Zion’s drilling date.
Key details outlined below:
1.) Begin drilling / spud well by
June 30, 2017: COMPLETED. Takes approx 90 days to reach the depth of 15,000 feet, which should be completed by end of August.
2.) Submit final report on the results of drilling November 1, 2017
3.) Submit a plan for continued work in the license area December 1, 2017
Its for sure playing apart in what's occurring.
yes it is!
LMAO!
Tic Toc Tisdal!!!
It indeed comes down to patience right now! After that huge raise from their investor base, ($18M+) to complete the drill at the current site should have management very inclined to disseminate positive data results here first if any kind of negative news arises, which must be announced. The predictability of this may give the opportunity to exit with another 5 bagger here...its on the horizon!
Impatiently awaiting the next update....
$ZN
Will $SLV break $16 today?
This morning had some good prices to jump in at...well played! Each update thats been disseminated has been positive, and has given just enough information to keep her stable. The next update needs some in depth analysis of what they are coming up with out there. The news releases have had about 2 1/2 weeks in between them, and with the last news disseminated on 7/20 we may not get an update until some time next week.
She gapped down right around that average number again of $3.80. The past few pullbacks have tested right around these areas. We will gap back up!
Yes it will be!
Good info to know, thanks for that!
Getting any news in the form of hydrocarbons, or oil would indeed attract the momentum (MOMO) needed to snatch up another 5 bagger here! Looking forward to reading the next update, which hopefully we get this coming week!
$ZN
Yes, this is the expectation. At the previous drill site in 2009 crude was indeed mentioned, which caused the pps to surge as high as $17, BUT once it was later announced that no commercial quantities were discovered it plummeted back to a $1. A repeat of 2009 is quite possible here with the size of float, in which huge gains can be bagged. Its not impractical to think we get some mention of crude in the coming updates due to how this drill site was located verses the flop of 2009. We shall all know soon enough if any form of oil is being detected at this #1 well of theirs.
$ZN
Nice gains! After so much time, funds, and support given into this exploration it will be game over if the well comes up dry. Even now with expectations at their highest the vultures are indeed circling in hope of death! Epic it will be if they succeed for the best story of them all is the under dog story ESPECIALLY one you can trade on! Hgmmmmmm!!
Tic Toc Kid-Gloves!
Until DA bell....
$ZN
Hehehe! I have bagged my largest gains from high risk stocks! I like them toooo much....one could say it is the kink in my armor. Another 5 bagger for Yoda would be more than satisfactory!!
Until DA bell...
$ZN
Well said! Trading with this mindset is how everyone should trade. Human emotion, and lack of knowledge is the one two punch that gets pigs slaughtered in the marketplace!
The next update here will be quite telling. Im pretty sure Zion's mailbox is over filled with investors inquiring about any sign of oil yet. The smallest mention of it can easily create a 5 or possible 10 bagger here due to the size of the float. The fear of missing out, (FOMO) is the reason I believe the stock is reacting they way it is now, in which many can, and are capitalizing on. Risky indeed Zion is, and one should absolutely trade accordingly!
$ZN
Yoda making gains with or without oil, BUT to fully rule out that zero oil will be discovered at this stage of the drill is a bias statement indeed!
We shall all know soon enough, (end August/1st week September), if Zion is on to something or not!
Tic Toc Mr. Bourne! GLTY
$ZN
Indeed! Friday news releases lose some of there momentum over the weekend. I love Monday morning before DA bell news releases!!
Hgmmmmm!
Am I reading your post correctly; are you saying we are possibly getting update today?
GERONIMO!!! $45k in at $4.05
$ZN
$SLV looking great today!!!!
Got it, thanks!
I don't have PM only level 2. I got out at $3.80 yesterday with large gains. We are testing new lows and will be taking position again; Im confident that this run is not over yet!
Wow would I love to get back in at $3! I have few others taking large positions once I do. Will soon see...
Ill be jumping back in soon enough!
I hope my desired reentry point occurs before such an update is disseminated!
Whatever you say Balaam!
She's bleeding! My triggers went off already...Im out with above average gains. The shorts capitalized on the down trend here, and helped bring the pps down. It didn't take much to spook everyone here. Im keeping eye on reentry, I don't want to miss the climb back up!
Indeed!!
Indeed. There is more coming here before pivotal announcement at 15000 feet. A lot weak hands falling by the wayside. Im still up large here. More to come IMO. I do have my triggers in place...watching closely!
$ZN
The last press release was good news, BUT due to Zion being high risk the marketplace is highly critical of them, and for good reason. The odds are indeed stacked against them to preform. Can it happen? Of course it can its the stock market, CRAZIER things have happened, a thousand times over.
One must Trade accordingly!
Tic Toc Tic Toc
Complete bias and unbalanced perspective. Its like reading the Washington Post, or New York Times.
The perspective in that article is incorrect. Each person is responsible for there own due diligence of how the marketplace operates from understanding how and why Board members sell there shares to reading all the company filings.
This run is not over yet with what is occurring here. I have doubled down on my analysis, and will see how much of spike we get before the 15,000 marker happens.
Misleading article this morning on SeekingAlpha from Fuzzy Panda Shorts that could have motivated more shorts to take position here. One must download the SeekingAlpha app to read the article.
Sexy BUY right at the bell...37,021x$4.44 = $164,373...gorgeous! We will fluctuate in the 4's, but not for long....
Holding Large & Strong!
Go $ZN