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Umm...if you know the source material, we probably won't need oil at that point.
Just saying.
Most people will probably be warm enough without oil to burn.
I'll only be outraged if I lose money. Hasn't happened.
[With regards to the stock market] "It's only natural in a period of transition, for the more timid element to run for cover."
---Norville Barnes, Muncie College of Business Administration
Happy New Years!
I'm bullish about their future in the coming year. Don't listen to the people who say, "They must be terrible because they've had some delays." I don't know of ANY industry that has not had some effects of the Wuhan on their ability to conduct operations.
Timing the market is tempting, but I've always heard that you truly can't know the exact right time to buy or sell a stock. If you try, Wall Street will eat your lunch. Wouldn't you rather eat that big, juicy cheeseburger yourself? (For our friends in Israel, change that to hamburger.)
May blessings be upon Zion as Hannukah season comes to a close.
If there is no trading after hours, how does the price change after hours?
Sorry, just got around to reading this post. But that's okay, it looks like you haven't posted for about a month either so I guess you haven't been following this board every day.
Actually, we got a huge reduction in the number of PRs ever since the frivolous lawsuits from people who were just trying to drive down the stock price so that they could buy it.
Zion's management was probably afraid to say anything that could be twisted by unscrupulous people into grounds for another lawsuit. Fortunately, ALL of those lawsuits are gone now since they had no merit.
My TDAmeritrade account tells me I can't set a trade to trade after hours. Maybe if I try it as a market order and place it after hours it will. I'll try that.
Remember back when you could look for change in your car seats and buy ZNOG on the value menu?
Too true that the media being one-sided (like the discussion) stifles information.
Like my wife says, this isn't Burger King, you can't have it your way.
Sorry. Ate too many Big Macs. Makes you kind of slow and stupid.
I for one am really excited that the rig is safely in Israel and didn't sink on the way there. And that it is about to start being assembled and operated by an experienced crew. I'm not sure why there is no mention of the latest news from Zion Oil on TD Ameritrade's app.
That live marine traffic tracker is really cool! You can see The Intrepid Eagle is on it's way through the 2nd strait that it has to go through to get to the open ocean. Just hope they don't stop off in Greece if this is the ship with the rig on it. Cheeboiga! Cheeboiga!
Hearing that the ship docked made me happy, like getting 2 extra McNuggets in my order. But then you said that might not be the ship. Now I feel like when the shake machine is broken...
You know, somebody with more time than I have should make a list of all the "predictions" that some people have said about this stock that were the opposite of what happened.
Gotta go now. For some reason I always think about getting a Happy Meal when I'm on here.
It seems like nobody has said that they will start drilling immediately when they get the rig, so saying that there is a deadline for when the crew gets out of quarantine is worthless, Ronald.
From a report previously linked:
"On September 21 ZNOG confirmed transportation arrangements for its drilling rig from Romania to Israel. Zion’s drilling rig crew is mobilizing in preparation for an estimated nine days of overland transport in Romania to its departure port. Once at the port, Zion has a confirmed vessel date for sea transport to be October 21, 2020, from Romania and arriving at Haifa port in Israel by October 27, 2020. Zion’s local logistics group in Israel is currently finalizing the rig importation customs paperwork. The first group of rig personnel visas are approved. Both crews are estimated to arrive in Israel by mid-October, 2020. In preparation for the rig arrival, setup, acceptance testing, and spudding the Megiddo-Jezreel #2 well, the conductor pipe has been set to a depth of 110 feet, the cellar has been completed and other finalizations of the pad are ongoing. Zion has finalized arrangements for such essential services as directional drilling services, mudlogging services, wireline/logging services, and cementing services. Much of the necessary additional equipment needed such as drill pipe, casing, mud, chemicals, wellhead, a blowout preventer (BOP) and drill bits, has also been contractually secured by Zion. Upon completing the well monitoring program, the Megiddo-Jezreel #2 drilling campaign will begin, and Zion will spud the well."
How can we forget that facts matter?
Isn't this what McDonald's was built on?
Or so I've heard...over...and over...and over...
Does anybody want to speculate on the election's effects on Zion stock?
I wish that there was a sarcasm label on that post. I almost thought he was serious. Now I need to buy more stock.
Glad somebody said it...
It is a company in "destress", not "distress". Very insightful analysis there!
I'm not familiar with that phrase...does that mean it's a good thing or a bad thing?
Thank you for a great post, Seafarer! There are still reasoning people alive today.
Winston Churchill. Didn't he help with the formation of the modern state of Israel?
Oh, snap!
(let's say I was referring to Zion Oil's PPS, so that my comment isn't seen as irrelevant.)
I can't believe nobody is talking about this company now.
I know at least one person that counts out...