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Hey Tothe, How would you expect the stock price to respond if ZN hits a gusher immediately upon perforation of the test zones likely next week and the good news is leaked to a few MM's(but on the very quiet down low)? I'd imagine the big MM players will have boots on the ground or contacts somewhere monitoring the well site and news of oil filling up all the containers will travel fast - especially if they have to haul it offsite! The MM boys many even have an insider at Expro who gives them updates...
Anyhow, would immediate buying pressure to cover and increase holdings by a few MM's affect the overall stock price in the short term without an official announcement coming from ZN yet?
Will the 10% short interest be desperate and cause an immediate uptick in price to $6 or $7 or will they be able to hold in back in the $4 range?
Whats your guess my friend :)
We all knew the 12 million short shares needed to cover. Question is was this enough volume? Or is it just the first MM to call it and cover first? I hope its a whale and now puts it to the others.
Remember you too Salamon69 from our Yahoo days - back when Yahoo actually had a decent message board lol.
Good to hear from you again :)
Regarding "logistics" issues, could it be the Expro team had another engagement requiring them to have to pull out and return later? I'm sure they have tight schedules and the earlier ZN delays may have exceeded their original contract.
Amen. When ZN strikes the rock (perforation), the oil will pour forth! We will know...
Anyone remember the casing size and depth step downs? Were they at 5" pipe at 11k feet going through the shale cap?
Ahh that was you today you lucky dog! I got 10k the prior day :)
August $5 call lottery tickets indeed! Be blessed overflowing abundantly my friend :) MAXIMUM pain for shorty too
Lol every day trader on the planet is buying tomorrow morning :) Look for negative news articles about cash position etc to try and tamp down enthusiasm lol
New fund managers and MM's are sure to take notice too. Shorts nightmare.
Something BIG slow boated is only thing that makes sense. Pictures are going to be priceless. Gap up to $4 by close tomorrow.
Desperate shorts trying to get out ahead of this PR with recent rapid downgrades (3 in the last 2 days my count). They need to scare new fund investment away. The last thing they want with sure as day pending short squeeze is MASSIVE new fund buyers. But smart fund managers know that game lol. I think we gap up over $4 by close tomorrow.
Massive short trouble! New funds and MM's are raising their eyebrows and watching now... definitely looking to buy in. ZN is now super sensitive to under promise over deliver so we very well may have news sooner. I have a great feeling whatever ZN had to slow boat (given time delay) has arrived at Port and is LARGE and is now in route to the drill site otherwise the update would not have been issued. ZN needed something very special that couldn't be air mailed even at tremendous costs - aka its BIG. Pictures are going to be priceless. Gap to $4 by close tomorrow.
So how long do "quiet times" last? Until completion of testing or X number of days after completion?
ZN cash position and technical short interest. ZN cash situation is dire in the natural-and I like that...kinda Biblical scenario don't you think? ZN doesn't appear worried at all.
As for the recent downgrades and all time high current ZN shorting, it could simply all be due to the perceived low cash position. The MM's know ZN must raise money but they have not factored into the equation the SIZE of ZN's discovery. Wouldn't it be funny if the current in place ZN direct on-line investment vehicle was sufficient to suffice - $10,000 max and only individual mom and pops have access to this wealth generating model?
Big time short interest will have to cover on the open market - to the tune of 12 million shares short with a ZN price of $70pps+ Yeah thats my take.
Shalom y'all -Moses
Tothe are you saying the announcement will likely have to wait until after the 10Q date? What time frame are you placing on this "gag" order and when would it have started - the SEC investigation notification or when ZN discovered material hydrocarbon shows? Thanks in advance.
When is the August 10Q due?
Cause the price is ridiculously right silly. Worth the price of this lottery ticket. Just 5 cents for $5 and good for 18 more days! Gobble gobble.
I can't believe the MM's are in total denial and fearlessly selling August $5 calls for 5 cents - I mean what do they think they know? They must be pretty sure of their insider info connections or their supercomputer selling the calls in their programmed algorithm is dumb as a rock.
38,000 $5 calls have sold this morning for just $1900.00 - that is nice lottery ticket!
August 17 $5 calls selling for 5 cents BUY'em Up - unbelievable genius purchase should the announcement come prior :)
-Shalom friends
Fly on the Wall negative on ZN: Largest borrow rate increases among liquid names (TheFlyOnTheWall)BY The Fly— 8:45 AM ET 07/31/2018
Latest data shows the largest indicative borrow rate increases among liquid option names include: Alerian (AMLP) 1.60% +0.45, Majesco (COOL) 20.54% +0.23, Altice USA ( ATUS) 0.85% +0.15, MannKind ( MNKD) 10.71% +0.08,
Zion Oil & Gas ( ZN ) 106.76% +0.02, Cronos Group (CRON) 31.15% +0.01, ProShares UltraPro Short QQQ ( SQQQ ) 2.65% +0.01, Tronox ( TROX) 0.42% +0.01, Blackstone (BX) 0.47% +0.01, and ViewRay ( VRAY ) 6.87% +0.01.
Soon the sea will part!
Flatron are you now long ZN? Still holding?
Interesting Flatron. August "latter rains" a sign. Yes indeed. Thanks for sharing.
Absolutely and the same deep rumblings are likely going to drain Saudi Arabia's wells. I think the sign blast will either be Hawaii, Sinabung or Bali.
Tothe the sayer called it, behold the white candle! NICE
On the bright side, we have a little volume and the hope of Tothe's white candle at end of day. That would be nice. Let's confirm the bottom already!
At your pleasure Lord :) We are ready to praise
But the 4.5" is just the very bottom casing... 7.5" etc....
KyOil and other experts: Can you perforate a hole twice and play with the charges? Do they ever special order a larger than normal charge for a perforation gun flow test. Lets say the seismic results look very intriguing but they did not get what they originally expected... do they have the option of re-loading the perforation gun with another round to get the job done?
ZN not listed to view shortable stocks... I take it because there are zero available to short? Tothe?
https://www.interactivebrokers.com/en/index.php?key=zN&cntry=usa&tag=&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
But with short interest at an all time high? How? Fake short numbers?
Tothe the market "ask" price on option prices on the long term calls have turned extremely high - odd like the big MM's have abandoned the market.... Keep your eyes open.
The short interest % is insane - they are clearly not bullish. It doesn't appear they have positive insider knowledge YET.
"Oil's 2018 Remarkable Recovery" 2018 has been a very good year for oil discoveries but its gonna get a whole lot better very soon!
https://oilprice.com/Energy/Energy-General/Global-Oil-Discoveries-See-Remarkable-Recovery-In-2018.html
lol not needed. ZN will need to increase their Direct Purchase on-line max $10,000 per day cap very shortly after the price rockets up after great PR of test results ($10,000 worth of stock when the pps of ZN is $30+ isn't a lot of stock). I've been thinking about ZN's cash position being pretty low now - but no worries as its always the perfect storm before God works His miraculous ways :) Does he work in any other way!
As for funding of the upcoming production and multi-well drilling expansion, the existing Direct Purchase on-line tool is brilliant and will suffice to generate all the cash needs initially. I have a feeling they will soon decide to shut it down to protect their own interest after sufficient cash has been raised to fund their initial build-out.
The time to favor Zion is now! (1.55 minute mark on)
FYI remainder of calendar year "call options" are very bullish/expensive today. Would seem the big boy traders that provide cheap liquidity call options have gone away... That's bullish.
Tonight's 7/27/18 blood Moon is truly historic as it will be the LONGEST blood moon of the entire 21st Century and will be clearly seen in ISRAEL. Also Mars is the closest to the earth in 15 years and will be seen the brightest in sky along with the blood moon tonight! (and Mars gravitational pull will be affecting the Earth's core volcanoes, earthquakes etc..)
Neat video link to computer generated graphic model of blood moon as will be seen from Tel Aviv on SHABBAT (curious timing as this is of course the day of rest/peace) in Israel on 7/27/18. Enjoy:
https://www.timeanddate.com/eclipse/in/israel/tel-aviv
Also for the curious:
Why is the Ring of Fire presently going crazy & causing unprecedented deep earthquakes & volcanoes that put into motion earthquakes throughout the entire planet - including Israel?
The answer likely lies in the fact that our solar system's gravitation normal balance is presently slightly off balance... at the present moment our solar system's planets are ALL aligning on one side of our sun causing extra magnetic pull on our earth's molten magnetic core which is the catalyst for setting off deep earthquakes on Earth. Earth's major earthquakes always start in the Pacific Ring of Fire and force travels outwards on all sides terminating in the Mid Atlantic Ridge. In times past when the orbits of our solar system's planets have aligned similarly lopsided, the earth has experienced similar upheaval.
On July 27th Earth will experience a blood moon over Israel (we will unfortunately not be able to see it in the USA). Curiously, it also just so happens that on July 27th Mars will be the CLOSEST to Earth in 15 years -causing even additional magnetic pull on our Earth's core!
(remember the gravitational pull of the moon is what causes the entire Earth's tides so gravitational pull does definitely affect the Earth)
https://www.express.co.uk/news/science/978999/Blood-Moon-2018-Mars-closest-to-earth-in-15-years-during-July-lunar-eclipse-space-news
Israel 4.2 earthquake today 7/27/18
https://www.ynetnews.com/articles/0,7340,L-5318032,00.html
Israel 4.2 earthquake today
https://www.ynetnews.com/articles/0,7340,L-5318032,00.html
At today's volume, shorts would be lucky to cover in 365 days lol.
This has to be more than a little concerning. Even moderate good news for ZN is going to send the stock much higher...
ZN market cap 5 Billion @ $75 share / NBL market cap 18 Billion @$35 share
For comparison NBL (Noble Energy aka Tamar & Leviathan huge gas discoveries) has a current market cap of 18 Billion. Of course NBL only has a 40% stake in Israeli gas finds but also has drilling operations in the US - they sold their Gulf deep water operations off to focus on US shale plays which is curious and telling :) LAND is the WAY to GO... Like ZN!
Monday is always a much better day for BIG NEWS. Start the week off right (and weekend with 2 non trading days gives JB & office staff a chance to fly without attention over to Israel for a surprise PR Monday)
Has JB packed his bags? I'm going to call IR