Grand Master Jedi
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Looks like they cleared out between $4.41-$4.33
Huge block of 75k shares on the bid!!
Absolutely nothing wrong with that. Board members of public company's are under strict guidelines when it comes to selling their own shares. Board members and/or affiliates can only sell 1% of their shares every 3 months per se the average daily volume. These guidelines are put in place due to the fact that Board members and/or affiliates possess inside information and are only allowed to liquidate 1% every 3 months. The company is the one creating the value so of course they should be able to sell their shares, and 1% every 90 days is nothing compared to the traders here who are making huge gains.
Go Zion!
YTD, Zion is up nearly 250%! Not only are we still looking good, but DIS run is far from over! Many, like myself, have indeed profited here, BUT ITS DA fundamentals BABY of how they discovered the well on top of raising the necessary funds to complete it, which has Yoda holding large....hgmmmmm!
Looking forward to reading the 2Q fins in seeing how much of a surplus they actually raised. Indeed, trading has slowed down a bit here, BUT good support is building at these levels as well as seeing who the institutional investors are who took position during 2Q, (Goldman Sachs, Morgan Stanley, Met Life, Wells Fargo, Merrill Lynch, BMO, Cambridge, Vanguard and many others).
Lots of swing (technical) trading has been taking place here from both long, and short positions, BUT this is to be expected within the market place. Technical traders don't only short stocks they trade them technically, meaning they can be going long one day, and short the next, which all depends on which way a stock is trading, and if one holds its not for very long. Trading whichever way the market goes is to trade accordingly, AND every trader has their method....hgmmmmm! Thus far Zion has defied all odds against them, and in this I would also agree with Tisdal that Zion will find oil at their #1 well, BUT the question will be how much?? THIS IS DA Zion Super Bowl, and COMMERCIAL QUANTITIES DISCOVERED will get us the WIN WIN, and our Super Bowl RINGS....COME ON ZION.....Hgmmmmmm!
Tic Toc Tic Toc
$ZN
The market is well aware of the play taking place here. What a story this will be if Zion strikes oil!
"This well is crucial to the company's future since it currently doesn't produce a drop of oil and is just starting its exploration program in the country. Because of that, investors buying this stock are making a big gamble, especially given its run up this year. "
https://whotrades.com/feed/3904978?showMore=250&utm_source=maxsocial&utm_content=feed&frfi_id=WTFeedCstmFbLnkdSt
https://www.fool.com/investing/2017/07/10/zion-oil-gas-inc-gave-back-some-gains-today-after.aspx
$ZN
She'll bounce back. It goes up, and down like a YoYo. You will have a few more opps to get out in the green. Ive taken my initial out along with some profit @ $5.40, BUT still holding large here. I wouldn't fret at this stage!
$ZN
Bullish!!!
Zion gains be like...
Nice, as indeed it should be with whats been occurring here. I would not be shocked if we end up falling within the top three by tomorrow. Many more eyeballs are going to be looking here before the bell!
Todays news was a milestone indeed by removing the significant risk in completing the job once they reach 15k feet. She would have dropped like a bowling ball if the funds needed were not raised...dodged a bullet here! Most definitely adapting strategy on today's after market news!
What a nail biter its gonna be till that PIVOTAL announcement at 15k feet, AND if its announced that there going ALL DA WAY to 22k feet then we will gap up to new highs, BUT until then one must trade accordingly.
Pre-market is going to be quite telling tomorrow.....until the bell!
$ZN
Yes indeed!
Its time for the Perculator!
hehehehe! HUGE GAINS...wow!
Go Zion!!!
$5.90 and climbing...weeeeeeeeeeeeeee!!
Up to $5.70 now....HAHAHA!!!!
Loving this.....
Go Zion...ALL DA WAY BABY!
REGULATORS.......MOUNT UP!
$ZN
Zion just delivered on that VERY important question!
SHAZAM!!!!!!!
$ZN
Wow....I was just re-reading their 10Q which lays out all the risk here, and that the drilling, completion and testing of the well will be subject to raising the necessary capital of which no assurances can be provided, THAT IS UNTIL 10 minutes ago...HAHAHAHAHAHA YES, they did it!! This is GREAT NEWS!
"Successful Outcome of Recent Unit Program:
Zion's recent $250 Unit Program under its Dividend Reinvestment and Common Stock Purchase Plan (DSPP), ended successfully on July 12, 2017. The company raised sufficient funds to drill and test the current well to its proposed total depth, with the ability to also pay for unanticipated financial contingencies."
They raised sufficient funds to GO ALL DA WAY BABY! End of 1Q, (March 31, 2017) shows approx $5,218,000 was raised under the DSPP program, and the total amount received from the inception date through March 31, 2017 is approximately $18,243,000. The next filing will show how much more they brought in ending 2Q.
Tomorrow is going to be a good day here. Bigger traders are indeed taking position!
55,321@$5.21
33,182@$5.21
$ZN
BULLISH
Indeed...this run is not over yet!
LMAO!
$5.21
Up, up, and awayyyyyyy!
$8 is a sexy number to take some profit from....hgmmmmmmmm!
Zion!!!!
"Feed me SEYMOUR!"
$ZN
Yes, I saw it dipped down, but was not watching level 2 at the time. Twitter has been lit up all week with technical day traders shouting Zion from the roof tops. The gains they are bragging about are very average, and nothing to boast about IMO, but to each their own in regards to trading strategies. As long as Zion is bullish pull backs like the one you are referring to will continue occurring due to the size of float, but I do not know if the trade was done by one or multiple day traders. These types of traders care nothing about fundamentals, and trade strictly technically.
Impatiently waiting for the video update to be posted. With it being filmed two days ago it would be so GOOD if Zion was planning to put it out with a link to view in a press release either tomorrow morning or Sunday night....on pins, and needles waiting to see how they disseminate the next update....Tic Toc Tic Toc!
$ZN
Bullish
PPS is $5.11 right now
Indeed it is! I noticed it at $1.15 and after some due diligence took large position at $1.50, which wasn't easy to pull the trigger on, but the writing was on the wall. Maybe on the next pullback you can take position, GLTY
$ZN
Bullish
Very nice! I flipped it last week at $5, and was able to get my initial out, and take the same position here again...huge gains!
I would guesstimate that were at the half time show right about now with the third quarter about to start!
Hgmmmmm!
$ZN
Bullish Indeed
Absolutely gorgeous!
$ZN
The float here is 134,894,135 as of March 31st 2017. It takes a lot of buying to move a stock price with this size of a float. They are at a good pace to attract more investors here especially if they go fully reporting, and get off the stinky pinkies. Has there been any talk of the company going fully reporting?
Its moving good today! Zion's Facebook page shows a picture of Chairman, John Brown, at well site filming for the latest updates about the ongoing drilling operations. Looking forward to seeing this video once its posted for viewing!
$ZN
These types of transactions occur a lot actually, but don't be misled because many believe since its their shares being used they are the ones benefiting, but this is not the case. The one who benefits here is the broker because he is the one doing the lending to the one doing the shorting, which is why he is being so persistent and continues to up the ante. The one loaning the shares benefits the least here not to mention it being opposite of your current position.
Here is a link to further read up on this type of transaction before deciding. Knowledge is power, and within the marketplace it is indeed supreme;
http://www.investopedia.com/ask/answers/05/shortsalebenefit.asp?lgl=rira-baseline-vertical
This thing fluctuates like a flipping YoYo....gotta love these small floats....hgmmmmm! Up almost 300% here...looking forward to the next update!!
Hickory Dickery Doc the mouse surged up the....!
Tic Toc Tic Toc!!
$ZN
This a risky stock to be shorting with the size of the float here together with the possibility of crude oil being mentioned in one of the coming updates. Unlike the previous drill sites the current location is based on seismic data, & geology from expert geologists. IMO, this makes it quite probable that a repeat can occur to the stock price as it did in 2009 when they discovered small quantities of crude oil. The mention of it caused the pps to surge to $15, and with the current location being there #1 well has me leaning towards a strong probability that we get some mention of crude oil in one of these coming updates.
We shall soon see…..Tic Toc Tic Toc
$ZN
Drill Sites Based on Seismic Data, & Geology. In November of 2015, Victor Carrillo states why Zion chose the particular spot of where they are drilling now. Tisdal analysis is correct regarding how they found this location vs the others.
Zion Oil & Gas: Onshore Exploration in Israel
Just the Facts on Zion Oil & Gas, Inc. (ZN) | Fundamental & Technical Analysis | StockNewsJournal
https://www.stocknewsjournal.com/2017/07/14/just-the-facts-on-zion-oil-gas-inc-zn/
I agree! Enjoyed reading that!
$ZN
Correct!
Indeed! I flipped at $5 and took position on the last pullback. Im riding this one until the next bounce. The first small mention of crude has this one bouncing like a super-ball. GLTY
$ZN
IMO, the low volume today reveals those who have taken position are now in wait of the next press release update on the drill site, and its depth. I would be shocked to see the pps go back down to $3 before we get the next update, and bounce again. The next bounce we see will be contingent on the content within the next press release update.
Happy Trading Day!
$ZN
Indeed it is! My price out the door was around $15.30 with spot.
$13 is a great price. I was able to load heavy on physical silver at $13 in 2015. Im sitting on it until or whenever Silver gets back to $45 or higher. Long term play all the way!
GLTY!
7/5: Update disseminated with drill depth at 3280 feet. Available data gives us a guesstimate of possible updates. Zion's COO stated a 90 day time period to reach the depth of 15,000 feet.
7/24: Possible update with well at 5k feet
8/7: Possible update with well at 8k feet
8/21: Possible update with well at 10k feet
Sometime between end of August and first week of September could be a possible update announcement if Zion shall continue to depth of 22,000 feet or not.
We shall see....
Tic Toc Tic Toc
$ZN
After market has it trading over $4.
Tic Toc
I hope that is not the case here! It would be unfortunate to loose my gains. We shall see...
Tic Toc Tic Toc
$ZN