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I'm surprised by this a bit because BP & Egypt supposedly discovered a huge field of gas in Egyptian waters somewhat close to Israel's water territory. I guess that discovery did not pan out...
You are welcome Tisdal. fyi: when ZN recently encountered free flowing oil and decided to drill deeper, Mt. Agung (the one that went seismic crazy on the Rev.12 Sign night of Sept 23, 2017) had just experienced 2 more ash cloud belchings...
http://www.news.com.au/travel/travel-updates/incidents/mount-agung-erupts-again-in-bali/news-story/87129d39dead2b03f80d458178c88f35
The perfect ZN storm is brewing possibly tomorrow (think short attack & massive oil pressure encountered updated to shareholders).
I truly wonder if the market makers fully understand that the vast majority of all stockholders are faith based and are definitely NOT selling at any price point in the near future's uptick. ZN is hard BULL to ride short especially when the news is turning positive to POSITIVE to......
Charts: looks like the same candle forming of late similar to the one formed around 6/19/17.
My take is that God will provide the PUSH of oil springing forth in just the right time when the well bore is wide open completely exposed. Like when ZN decides to trip out the drill stem in prep for wire logging about any day now.
Lots of seismic activity taking place today...
https://www.cbsnews.com/news/mount-sinabung-volcano-eruption-indonesia-sumatra-red-notice-for-airlines/
https://www.independent.ie/incoming/red-noticed-issued-to-airlines-as-volcano-eruption-shoots-ash-16000ft-36617952.html
https://www.express.co.uk/news/world/920880/Mexico-volcano-Popocatepetl-eruption-Oaxaca-Mexico-City-magnitude-will-volcano-erupt-news
Very interesting timing indeed. Also this summer 2018 Saudi Arabia for the very first time is planning on taking a portion of their national oil company public (Saudi Aramco). Saudi Arabia is trying to diversify to get away from their 100% dependence on oil revenues.
LOL does everyone realize how way overshorted ZN shares truly are? It ought to be illegal to sell shares MM's really don't have 3 times over. Beautiful thing about ZN is that 95% of all REAL shareholders are just everyday Christians who normally don't short their own stock - translation is that they never sold in the first place so the more SHORTY "borrows" to short and cover the more he digs his hole deeper.
Big blocks on the bid stepping up the ladder
Bear trap set up yesterday. Stepping the support levels up - letting day traders sell into before next leg. If we go to $5 we pop to $6.
https://www.google.com/search?q=zion+oil+news&rlz=1C1CAFB_enUS604US604&oq=zion+oil&aqs=chrome.0.69i59j0l2j69i60l2j0.2439j0j8&sourceid=chrome&ie=UTF-8&safe=active&ssui=on" rel="nofollow" target="_blank" >https://www.google.com/search?q=zion+oil+news&rlz=1C1CAFB_enUS604US604&oq=zion+oil&aqs=chrome.0.69i59j0l2j69i60l2j0.2439j0j8&sourceid=chrome&ie=UTF-8&safe=active&ssui=on[tag][/tag]
and remember Noble Energy's little discovery next door valued at 10's of BILLION$. The world will marvel when the oil and gas come springing forth.
When the price ran up to $5.90 over the very sleepy July 4th long weekend, the MM's caught a lot napping. Point is she will run when you least expect it and the MM's need to get out in front of ZN (and that means a new 52-week high and one that will hold).
Today is February's options expiration. Action yesterday seems the MM's are forecasting their "tell" to other players to try to peg the price today at 4.00 even just like the close yesterday on a relatively low volume day. Could also be a set up for a short trap that ends up running late in the day after shaking out - or at the very close of the day with a HUGE run to 52-week high. Something is likely up and long weekends are hard to sit while SHORT.... I'm ready :) Bring it!
Sweet picture. How do you insert pictures in IHUB? can you walk me through the steps?
I was thinking a PR is likely coming soon too as the general public needs the time to process over the weekend and next week is short with Monday being a holiday. The PERFECT time for a great promising press release with more free oil shows in the slurry mud and flares etc.... Get yourself some of those Feb $5 calls for 3 cents! Good for one day only until the close tomorrow but 3 cents could turn into $3.00 Much better chance than a lottery ticket :) Good investing my friend.
When it gets quiet is when she likes to jump... the MM's and hedge fund boys get their ZN news several hours (sometimes days) in advance. Its a rigged system in their favor. They pay for this PREMIUM early news service. Remember everything has to be submitted to SEC before being published...
$5 February calls are on sale for 5 cents each right now and are good for 1 day only until tomorrow at 4pm... any risk takers....HMMMMMM I'm thinking about it myself...
OIL is much more valuable than gas in general. Remember ZN has re-confirmed what Genie and also Givot Olim already know... they are sitting on a 1000 FOOT 350 meter span (5k to 6k in ZN's well bore) of the PERFECT oil sponge porous rock (keep in mind that Saudi Arabia's super rick oil deposits are in similar porous rock beds but are only 30 meters deep! Think about it - if the oil and gas pressure from the depths find high pressure relief from ZION's well bore and the other known 4 fault lines found present between 5k and 6k down, IT WILL FILL THE 1000 foot VAST reservoir and make for easy breezy drilling and pumping from 5k to 6k feet down! God has his plan and the stage is set!
This what makes ZN so hard to value and SUPPRESS the price action by SHORTY... ZN actually has much larger potential $$$ than NBL (think on-land not offshore) So much easier to pump and distribute both gas and OIL from on land! Can you imagine the price of ZN if they announce their lease has a multi-billion dollar oil and gas field discovery like NBL's?
http://www.ogj.com/articles/2013/12/noble-makes-gas-discovery-offshore-israel.html
Just one big press story connecting ZION OIL to NBL Energy's multi BILLION dollar Tamar gas field discovery a few years back will do what to the stock of ZN? Lottery ticket even for those that don't necessarily follow prophetic scriptures? Just the possibility of an equivalent (even potentially larger) hydrocarbon discovery on shore that may be as large as NBL's Israeli Levant Basin 25 Trillion discovery of gas would place a value on ZN of $$$$$$$$$$$$$! ......
http://www.ogj.com/articles/2013/12/noble-makes-gas-discovery-offshore-israel.html
http://www.foxnews.com/world/2015/10/07/potentially-game-changing-oil-reserves-discovered-in-israel.html
Perfect Storm. We are approaching a three day weekend that starts on Feb's option expiration date this Friday 2/16/18! Dare be short or not buy in over the extended 3 day weekend??? With likelihood of more good news write-ups and additional free oil shows in drilling mud ZN updates are gonna POP very very soon - and ZN needs this news to get out too because they need to fill their $5 unit offering that expires this month Feb 28.
LOL on every DIP the day traders pile in making it hard for shorty to cover. Hysterical watching the short covering computers trying to hold the line at $4. Set to run.
ZN options are selling at EXTREME premium. ZN right now is on the launch pad. 10, 9, 8, 7....
ZN price action explained. ZN stock is simply full on bullish - would be crazy to open a short position at this clear support level. Why? The Christian market and interest in Zion Oil is huge and worldwide - many were waiting for real news to get off the sideline and others to double down. The recent show of free flowing oil news is causing buying in waves. First news responders buy same day and then with FB and news print it takes a little time for many to figure how to buy etc... Trust me the short Hedge Fund boys and MM's know they have to cover and are working their way out. Will run when you least expect it. Catch a few day traders on surprise too.
ZN is much more than just one well. With a high production oil discovery finally tapping the often speculated upon billions of barrels of Leviant oil, it will become a conversation about ZN's huge oil land lease.
Where can you find shares to short?
Nice DOW Jones green bounce to help free up a $$$ to double down on ZN! $5.50 today :)
Zion made the news again today here (could explain part of the bounce):
http://www.israeltoday.co.il/NewsItem/tabid/178/nid/33388/Default.aspx
We close $5.50 today
Think. Would you DARE to be SHORT? With the recent great OIL discovery news and VERY LIKELY more GREAT PRESS coverage getting ready to be RELEASED any TIME. The sledge HAMMER on a short position is RISK/REWARD and the RISK is just TOO great! ITS HAMMER TIME. RETEST 52 WEEK HIGH TODAY and then .... $10 to $12 by Feb 28.
Every single press story is generating BUYING pressure to the UPSIDE. This story is just going to get better and better. BUY ANY and ALL DIPS and trade like a ROCKSTAR but know we are heading to $10 After we get past this $5 unit offering (but hey once ZN announces a large hedge fund just bought out the entire 5 million offering we could sky rocket sooner than Feb 28 unit offering expiration).
The hedge funds boys and MM's are not going to let the today army of day traders get in cheap. This morning's pre market dip is TRAP. ALL buying pressure is POSITIVE!
I'm calling it. We open at 4.30 dip to 3.90 for a quick test and then jackrabbit over $5. Over $6 by end of day.
Buy all the shake out dips. We are going to new 52 week high very very soon. All buying pressure is to the upside and the PRESS coverage and word of mouth is ROCKING!
You are correct. ALL buying pressure is to the upside and the shorts will have to cover really really fast. This is good news that will make every long Zion holder continue holding and even expand their position while the great press will bring in new buyers. SHORTS are toast. AND we are all waiting on even better news to come!!!!
Here is the deal why ZN is going to $5. ZN longs are obviously even more likely to hold their shares while new ZN buyer speculators are going to want to jump in now forcing short seller positioned holders to cover and then spike it up to re-short at $7.50 to cover again short at $5. $5 is the break even point to warrant new investors to buy new ZN unit shares. When the price breaks $5 the units well be a steal.
We are going to $5 boys and girls!
you might could hoping the down-hole removable plug holds lol
No they would not case a bad hole. Water tables are much higher up and the first couple thousand feet are required to always be cased to prevent water/hydrocarbon contamination. SO if they case all the way down they are expecting something. At a minimum has enough "shows" in later sections too to have at least "promise" with fracking. Remember too this is the known oil bearing Mohilla strata..
Its good news all around - just slow going drilling. Wonder why? Hard porous rock, shale rock or just really going slow to protect what they already see coming up with the recycled mud :)