Grand Master Jedi
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I think it looks great….we should be over .30 right now. No doubt. Its the uncertainty of the markets that is spooking everyone but more people are moving into crypto because of it. Seeing BTC back up to $43.5 is good and should give us a little bump tomorrow. We’ll see if BTC holds the current levels.
I don’t think u got much too worry about with Zion shooting up as the trading pattern has been quite predictable. I would suggest not to buy at the bell but wait until mid day or even later. She always moves up a little bit in the early trading hours and from there starts trading sideways until she eventually pulls back to opening levels or closes in the red. Its been a slow and steady decline. The only thing that can shake things up is a press release but if nothing happens will be under .10 very soon.
WERE WAITING….GOOD OR BAD, DROP THE NEWS ZION.
No I have no checked but didn’t see any reason why it would be fabricated. Yes, I agree. The news cannot be fluff and none of this encouraging show of hydrocarbons or anything like that. The investment community is lighting the torches and Zion knows it so hopefully they’re going to be more forthcoming with the next update.
Main support level at .105 was tested on Friday and held. A reversal may be in play now especially if we get an update.
This is a big assumption as theres no way to know if this is the BOD selling these shares. If investors who bought DSPP shares have gone into the red they would be motivated to sell as not every investor has the capacity to hold in a scenario like this. The assumption would be that the BOD’s are in agreement to sell as many shares as they can before the gig is up? Not buying that yet. We know it says in the agreement that Israel wouldn’t have approved the extension to the drilling license if they couldn’t prove a discovery. So the assumption would be they know they don’t have a commercial discovery and are selling as much as they can. Thats a pretty serious accusation but Im waiting for the next update before making a move. The last update was on 1/10 and believe we’ll have an update this month. It will be a pivotal update, thats for sure.
If they have a commercial discovery on their hands and want to go private, a buy back at fair value is how it should happen.
They would need to do a proxy though, and if they had the majority they could make it happen. Now if were dealing with a company who wants to conceal a discovery and let stock tank to .01-.02 levels and then announce a buy back to go private is criminal. If MJ2 eventually ends up having oil or is apart of production oil system with other wells then Zion would get a class action lawsuit from investors. IMO, if theres a discovery I don’t think they would take such a path.
I am. Im holding a lot and sold 5k on the ask. I was aiming to sell 50k shares for a small profit and bring my average down because of the Russia Ukraine news but I wasn’t desperate enough to dump it and impact the PPS. One min before the bell I slapped the ask and bought those 5k shares back at cheaper price and moved PPS back up to .1449. Check the trades when u get a second and you’ll see it.
I was selling some on the ask but not dumping. Its gotta be bad to be dumping and not feeling that.
I wouldn’t agree to sell mine for .01
They would have to buy back all the shares to go private and would be very costly to do so. To make a commercial discovery and then conceal it to take the company private before revealing it would get them sued to kingdom come. If a scenario like that would happen a large investor or some new partner would need to step up and buy all the shares back at an agreed price. It would have to be made public and although I don’t think this is the pathway it doesn’t mean its not possible as you never know what a company is planning. They are in Israel so going private would allow them to keep sensitive info private. On another note it interesting that Zion closed at .1050. Hopefully the main support at .1050 doesn’t become a new resistance level. Were either going to bounce right back over .11 or were going to hit new lows. If I was management I would be working on getting an update out right about now for a pre market Monday morning press release to help get price back up. No doubt they’re feeling it.
I haven’t been closely following the end of day trading here but swing traders, auto bots, day traders, and newbies are some who would be dumping at end of day. There hasn’t been high volume here though so it may be calculated as well to keep PPS down which a short seller would do.
Urban Dictionary: iyiyi
https://www.urbandictionary.com/define.php?term=iyiyi
Yes but think the Russia Ukraine developments is spooking some in the market.
Someone just dumped….iyiy!
Support holding….last hour will be telling as we go into the weekend.
.1050 is the support that needs to hold. If .1050 gets tested and we bounce off it then that would be good as it can set a reversal in motion.
Yes, it didn’t deter me one bit, and everything indeed thats woke turns to poop.
Meh, I hear you but if someone wants to pass on gains because of a CEO’s personal opionion on political matters or whatever matter it may be, then so be it. Its not easy being in the limelight of a public company and feeling like you need to live in a cage. Elon Musk has embodied that quite well. I personally applaud it for it reveals strength of character, as Chester Cheeser says, ‘Its not easy being cheesy.’
Its amazing that were are sitting at .16 with what the company has revealed. When $INTV wakes shes gonna move fast….awake o’sleeper.
This is going be the gun powder to blow us up….longs better buckle up because were heading north. $INTV is a sleeper.
$INTV is a sleeper! A healthy balance sheet with strong numbers coupled with a small share structure is going to make $INTV a mover. I’ve seen it happen many times….just a matter of time. #HODL
A healthy balance sheet with strong numbers coupled with a small share structure is going to make $INTV a mover. I’ve seen it happen many times….just a matter of time. #HODL https://t.co/ylCsTDz3kH
— Lion of Judah (@LibertyMutual8) February 11, 2022
Strong incoming numbers! Integrated Ventures Is Scheduled To Report Record 6-Month Revenues Of $4,462,979 And 2nd-Quarter Of $2,547,891: https://finance.yahoo.com/news/integrated-ventures-scheduled-report-record-134500091.html
Its going to be a nice run up….longs should be loading up at these while they can.
Zion Oil & Gas Technical Analysis (ZNOG) 02-06-2022:
Im waiting for one more press release before making a move. According to how the updates have been recently coming out we should be getting one this month.
What a s*** show.
Oh, thats how the DSPP shares are sold. I had a different perspective of how Zion was selling the shares. Yes, any public company buying shares is a buy signal. Is it know how much Zion holds?
Its a practical question to the assumption you’re making as you’re stating thats the reason they sold so many. Inside trading happens every day. Its naive to think otherwise. Just look at the members of Congresses portfolio but seeing how tight lipped Zion is has me thinking no.
So the assumption is that Zion is sharing inside info to sell DSPP shares? Hard to see Zion putting themselves in such a liable position for any info shared must be shared w the market as a whole. Those who sold for a loss wouldn’t have done so. Does anyone else share this perspective?
Agreed. The value continues to build here as its just a matter before the price follows.
This should be over .20 by now. Sometimes the market has a mind of its own. $INTV
Isn’t the incentive to buy DSPP shares because they’re sold at a discount with the hope of a commercial discovery happening? Are you implying that Zion sold so many DSPP shares because they have a commercial discovery on their hands?
Lets roll baby….gonna be good week! $INTV
Yes
To stake in the two sided liquidity pool (SGB/CAND) in Flarefarm that earns .41 SFIN you need both SGB and CAND. For example, if someone has 50k SGB you’ll need to swap half of it on FlareX so you have an even value of both SGB and CAND. From there you go into the SGB/CAND liquidity pool on FlareX to provide or remove liquidity. I always provide the liquidity instead of removing it as Ive never done the removal option but once this step is completed you get liquidity pool (LP) tokens. After that you cross over into Flarefarm and stake those LP tokens in the SGB/CAND pool to start earning SFIN.
I was unaware. Might as well do it as I have just sitting there.
From the SGB/CAND pool I earn about 400 SGB a week and .0014-.0015 SFIN a day.
I have that pair as well but it earns dog crap for $SFIN. The fluctuations make sense and see the risk now….thanks for feedback.
Oh I see. Thanks for the clarity.