Grand Master Jedi
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Im a trader and made real good money on the last drill here with Zion in 2016 (five figures) and with this new drill Im doing good as well… ‘so far’. I can’t say the same for others here as some on this board have been following and investing in Zion for years and some over a decade. From the posts Ive read over the years they’ve been more then patient on top of being underwater as well. Whoever has been holding an investment that long has every right to vent and be frustrated. JMO
Its called venting….next.
Yes, before the speculation would run wild and would impact the PPS but not anymore. This time around the market is more pessimistic towards Zion. Although its warranted it doesn’t mean they don’t have a commercial discovery on they’re hands, and if they do, its going to be insane. The PPS will blow up so fast that some are going to need a Xanax, hgmmmmmm!! Yes, its going to be that nuts…like a flip of the switch. Ive seen PPS’s blow up so fast that it would make ones head spin. No doubt others have as well. The most recent for me was *WAC. I loaded heavy at $10 for an exit price between $17-$20 and by mid day we were as high as $150. Phewww weee! If we do have commercial oil here we’ll run up much faster (depends on how the news is articulated) and will be over $100 by day two or three. Whoever bought on speculation before will kick themselves for not buying this time around, but if there is no commercial discovery then those on the sidelines will say I told you so. The bottom line is we all know the risk here as we got a 50/50 shot of making life changing gains. The odds are like walking into a Casino and dropping $5k at the roulette table on black (for oil) and you got a 50/50 chance of walking away with an extra $5k. Only difference here is that our return will be much larger 50% ;)!
My guess is we’ll get an update by the first or second week of February…hopefully sooner. Lets roll Zion…daddy needs a new pair of shoes ;)!
Nice!
It gives a choice though to either provide liquidity or remove it. Ive never tried to remove it, only provide, so Im not sure what could’ve happened if you did it that way. I know theres risk w the two sided pools but not following how you would lose all your EXFI and SGB. Only time Ive lost is when I tried Flareloans and lost few hundred bucks for providing collateral and no idea how it happened. I would find Songbird or Flare Network on Twitter and ask how this could’ve happened.
I see it on my xrptoolkit. not sure what wallet its in though as its not in my ledger. must be solo wallet connected to xrptoolkit. Under assets on xrptoolkit is where I see my Solo. If I wanted i could easily connect to Sologenic Dex and convert my Solo into xrp. Im going to hold it instead for Core and see whats behind that surprise door rather then just converting it and calling it a day.
I had to update my ledger live to new 2.37.2 version & thereafter updated my firmware and about 15 min later my SOLO popped up. I got almost $3k worth. This shows how thin the herd got with how many more jumped on board for the drop as well as more exchanges getting there SOLO. When the ratio first came out I was set to get well over 6 figures…oh well, free is free. Might as well hold for CORE.
Did u provide liquidity or remove it? Not sure if this will help you but these are the steps of what happened to me when I did it. When I first unstaked all my EXFI from the one sided EXFI pool to move it into the two sided pool I did so with EXFI/CAND instead of SGB/EXFI as all my SGB is staked in SGB/CAND pool. I’ve only done the provide liquidity tab/option and when I first attempted to provide the liquidity I couldn’t find my EXFI or CAND afterward and panicked a little bit as I thought I made a mistake and lost it all. I reversed my steps and swapped it back and afterward I saw all my EXFI again. I have no idea what happened or how I got it back. When I redid it I swamped 50% of my EXFI for CAND and had 50/50 of each coin. Thereafter I went into the two sided EXFI/CAND pool in FlareX and provided 100% liquidity and afterward a balance appeared where it says balance. I then moved over into FlareFarm and clicked on the stake button in the EXFI/CAND pool and it allowed me to stake my balance. These were my steps and not sure if it will help you at all.
I don’t remember and will need to check but I need to see if even got my SOLO yet.
This would be great.
Scooped up another 20k under .12. Anyone else as crazy as Yoda with buying more shares at this stage of the game, hgmmmmm! When you’re all in whats another few grand to bring down your average. Lets go!
I think were in good shape here as well but as for XRDOGE, grrrrrrrrrrr!!!
Should of bought 50k instead as it would’ve brought my average down to almost .15 but you know how that game goes. Im content as Im sitting on a large position now. When INTV went to $6 back in 2018 I only had 20k shares and made a pretty penny. I didn’t sell at the top though but in the low $3’s. INTV getting back over .50 would be an absolute treat. What a let down XRDOGE has been though. I used like 13k XRP to get 30M XRDOGE, lol, oh well. I had extra to play around with but hopefully it moves back up.
Indeed!
$$$$$$$$$
Scooped up another 25k shares this morning. $INTV
Agreed!
Ripple Hits Record $15B Valuation After Buying Out Series C Investors
“Ripple touted a doubling of its payments business and a healthy balance sheet as it announced it will buy out Series C investors at a higher valuation.”
https://decrypt.co/91216/ripple-xrp-valuation
I have not checked these Technicals but will need to get my lap top out tomorrow to check. Technicals are no crystal ball but if the trend lines, indicators and moving averages can be insightful. Averaging down at these prices can significantly drop ones average.
Signals From Technical Side:
Given the current short-term trend, the stock is expected to rise 10.12% during the next one month period and, with a 95% probability, hold a price between $0.15 and $0.32 at the end of a two-month period.
Furthermore, there is a strong buy signal from the 90 day Moving Average Convergence Divergence (MACD).
There’s a little bit of noisy negative signals discovered that may have some influence on the near-term development. The Zion Oil & Gas Inc stock holds sell signals from a short term basis but long-term moving averages give a more positive forecast for the stock.
Also, there is strong support below and considering the stock is extremely undervalued, I think the stock should rebound soon.
On corrections to the upside, there will be strong immediate resistance from the lines at $0.15 and $0.18. A clear break-up above any of these levels will issue strong buy signals.
A further fall is limited to downside as the bottom pivot is already more or less been found. Volume fell short along during the last trading day, which technically gives positive signal. I see this as a best buy at this price given the upside potential will exceed even 1000% in two or three years.
$ZNOG Risk To Reward Ratio:
Zion Oil & Gas Inc finds support from an accumulated share of volume at $0.12 and this level is a strong buy and hold opportunity as an upwards spike can be expected from here.
https://tabstocks.com/zion-oil-and-gas-company-testing-oil-well-in-israel-znog/
Knowing that they read these boards you’d think they’d be more forthcoming. Updating the market with these large intervals of how they do is terrible investor relations. Any marketing team for a public company will tell you that, but sometimes companies stop caring about investor relations until they need working capital again. Zoin’s been at this for 20 years so its safe to assume that fiduciary responsibility is at the bottom of the Totem Pole. No doubt Covid has slowed things down but a update once a month or at the most two is not asking too much.
Who here has Zions direct email for investment management? If we can get a few of us inquiring them daily thru email it could help press them to give us an update. No doubt theres more info they can share as the amount of information we’ve received has left lots of room for speculation. With the amount of people on this board who have a good understanding of where Zion is at why can’t we flesh out an email with solid points and start filling up they’re inbox with it? We can simply say were a group of investors who are invested in Zion, which is true, and would like to what’s happening with the new liner, testing of the well, etc. and whatever else can be added. Anything is better then just sitting around and waiting for Zion to put an update out. I thought about moving on for the past few days and just taking the loss but the unknown and the different things they’re doing with the installing the liner and the company they’re using for testing the well has me staying put. That leads me to ask. Does anyone know what the chances are that an oil company invests in putting in an expensive liner but ends up having a dry hole?
Perhaps we should press Zion in one accord for an update? Either on Twitter on the same thread everyday or we email Zion daily at the same time so they’re getting about 15 emails daily? Unity is a powerful tool if stewarded accordingly.
It’s amazing of how terrible they are with keeping the investment community abreast. They have no conviction of they’re fiduciary responsibility towards investors.
Lets roll!
BRUTAL! Zion if you read these boards…nows the time not remain quiet but an update about testing and any other information is much needed. The market is starving for information and when prices get this low the worst is assumed with what might be happening in Israel.
PERSPECTIVE: Will oil reserves and production news arrive for the $ZNOG faithful? - TabStocks
https://tabstocks.com/will-oil-reserves-and-production-news-arrive-for-the-znog-faithful/
Hehehehehe!
Scooped up another 25k shares today and got my average down another point. At this pace Im going to have more shares then all board members. Probably have more then directors right now. Its not easy holding Zion right now as its literally a flip of a coin. 50/50 shot! Come on Zion….daddy needs a new pair of shoes, hgmmmmmmm!
Perfect, thank you!
Nice! Ill be on my lap top shortly and will check the OTCMarkets, thanks.
Does anyone have the download on the fins here or a link? I know the revenue is growing by the quarter with the BTC mining they’re doing and believe their netting profit by now. Any feedback would be appreciated.
Its most certainly possible as people spill the beans all the time or its because the company hasn’t put out anything solid out and the market is tired of waiting. Ive told a few investors about Zion and why they may have a commercial discovery on their hands. Israel wouldn’t have approved the license if there wasn’t a discovery so the question isn’t if there’s oil, but if its a commercial discovery or not. I told them theres a 50/50 chance as no one can say for certain if they have a commercial discovery or not. We can most certainly speculate though. Ill be honest I stopped going long with Zion and was only swing trading her, but after the license got renewed I stayed put. I should’ve sold when she spiked to .30 after the news broke, but I felt confident enough w a renewed license that the price would hold above .20. If anything that shows the markets position towards Zion as it isn’t enticed anymore when they say they’ve discovered potential zones of interest, encouraging show of hydrocarbons, potential zones of production, completion liners ordered, etc. The only way shes going to start really moving again is if they produce some form of news that says they have a commercial discovery on their hands. The decision to stay put will end up becoming record breaking gains as the price will blow up to over $50 and thats being conservative or its going to end being a loss. Only time will tell and hopefully we’ll find out by end of 1Q or early 2Q of the test results of the well.
Amen and same to you!
I couldn’t help it either as I was tempted to get more but I am more then content w my position. If she pulls back again to .13 or even 13.50 Ill buy more to get my average to .17 and although Im in more then I wanted thats how the cookie crumbles sometimes.
Today was a bad day overall for the market but seeing that the price of oil is blowing up its going to be something if they have a commercial well here. Im holding more then I expected I would but couldn’t help averaging down today and scooped up 50k shares today. Would be nice to see Zion get back near the .17-.20 levels.
Got it.
Im just saying to find the current number of what the float is trading at would be between 110M and 292M but yes more can certainly be out but just not registered in the DTCC yet.
Im not aware of how the DSPP works but if I buy stock directly from a public company those shares wont be counted in the DTCC until I get the legend removed from my stock certificate whether its in electronic or paper form. In that state those shares would be counted in the DTCC but not yet in the public float, so yes, it is certainly possible for the number to be higher then what the DTCC states as we don’t know how other shares are out there or have been sold awaiting to be counted in the DTCC.
Yes it has moved up and shows that the float hasn’t been updated in over 6 months. OTC states its at 110M with 292M held at the DTC so the actual number is somewhere in between those numbers. 292M is getting up there but its not bloated and if theres a commercial discovery announced then a float of 292M would still move up fast. Not easy holding Zion right now as I sold for a nice profit twice but now Im stuck holding with .20 average. I thought the renewal of their license would keep Zion over .20 and didn’t see her pulling back this much.
I didn’t think we were going to pullback this low. Dang.