Fully invested in secondary oils (100% long)
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Yes tisdal, that is exactly what's happening with MJ#1...
Its a MONSTER WELL!!!
Agreed!... I like I like the fact that they're out of the shale and oil sand plays, and less natural gas production oriented... They are moving into LNG, and deep-water Gulf of Mexico where they have more acreage than anyone else on the planet... They also plan to resume production from the 3,000 wills in the Denver Basin before year-end, which will trigger a big jump in earnings!
Since we know the institutions are accumulating shares, we can assume that they are pressuring Zion executives to cooperate with them (the largest shareholders) in their efforts to do so by shaking out some small investors, and sucking in more short-sellers (to replace the ones that are forced to "run for cover!"
Short interest is increasing slightly, while Institutional Holdings are increasing dramatically, and insiders are standing pat...The difference is obviously provided by "shaking out" individual investors such as Kid-Gloves... That's why Zion is trying to "piss us off" (to shake us out) imho.
RE: ZN daily stock chart...
Today's "doji" was an "inside range day" and a "narrow range day" and a "middle-of-the-range close day"... Adding the fact that it was a much lower volume day, and tomorrow is "Thursday Reversal Day" we have 5 good reasons to expect a strong up-trend to commence tomorrow imho.
Ha ha ha!... Thanks tisdal, great story!... Loved it!
"All businessmen are sons of bitches!" (John F. Kennedy)...
He should know, because his father, Joe Kennedy, made his fortune in the liquor business during prohibition, and running "pool operations" (pump & dump) in the stock market during the roaring twenties!
Nothing has changed... Oil company executives still try to shake out the longs and suck in the shorts when they have something big, by claiming that they "may not make it as a going concern" or "are really disappointed that it was a dry hole" or "are praying for a successful well" etc. etc. etc. bla bla bla!
Bottom Line: Ignore the news! Just watch the stock price and volume!
Yep!... Me too neither!
Awesome!
RE: ZN Institutional Holdings Updated...
http://www.nasdaq.com/symbol/zn/institutional-holdings
Yep!... Looks good to me!
Tic-Toc
OK, now I understand... He's out!... Family is in!
HUH?... You said you were out!...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136197319
TAB78... I have already clearly answered that question!...
Regardless of the news (or lack of it), a rise in the pps will force the shorts to "run for cover," adding fuel to the fire!
"A rise on news is not nearly as bullish as a rise on no news!"
"Buy the rumor and sell the news!"
HOUSTON, WE HAVE "LIFT-OFF."
Enjoy the rocket ride!
Yes tisdal, the top 10 mutual funds have 2,227,250 shares,
and the top 10 institutions have 2,228,920 shares,
for a grand total of 4,456,170 shares.
It could go higher tomorrow!
The shorts are "toast"
All four of the top ten that have already reported have INCREASED their holdings!...
Owner Name Date Shared Held Change (Shares) Change (%) Value (in 1,000s)
VANGUARD GROUP INC 06/30/2017 1,212,744 37,599 3.20 2,446
BLACKROCK INC. 06/30/2017 356,108 132,569 59.31 718
GEODE CAPITAL MANAGEMENT, LLC 06/30/2017 222,752 74,569 50.32 449
BRIDGEWAY CAPITAL MANAGEMENT INC 06/30/2017 142,385 0 0.00 287
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 06/30/2017 115,780 (115,780) (50) 234
NORTHERN TRUST CORP 09/30/2017 98,066 30,619 45.40 198
BANK OF NEW YORK MELLON CORP 09/30/2017 50,987 19,957 64.32 103
BANK OF MONTREAL /CAN/ 09/30/2017 44,200 43,200 4,320 89
ADVISOR GROUP, INC. 09/30/2017 34,811 2,775 8.66 70
LPL FINANCIAL LLC 06/30/2017 30,021 216 .73 61
http://www.nasdaq.com/symbol/zn/institutional-holdings
Moses, tomorrow all reports will be "as of 9/30/2017"...
(changes after that will not be included)
Dream on little dreamer, that will be the day!
Regardless of the news (or lack of it), a rise in the pps will force the shorts to "run for cover," adding fuel to the fire!
"A rise on news is not nearly as bullish as a rise on no news!"
"Buy the rumor and sell the news!"
HOUSTON, WE HAVE "LIFT-OFF."
Yes Steve, Zion wants to "shake us out" and suck in the short-sellers!... That's why the short interest is rising along with institutional holdings (and a few wise investors on this board)... It is very common for stocks (especially oil stocks) to make one final dip on much lower volume, to complete the bottoming process!... As I said before, we will see the updated Institutional Holdings tomorrow (Wednesday).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136131072
ZN has traded in a "very narrow range" (between 2.00 and 2.25) for the last 8 days!... As I said 8 days ago "the bottom is in, imho"
RE: Short-sellers...
“People have to understand that if a stock price declines, it’s almost never the short sale that pushes it down, it’s usually the long sellers selling,”
https://www.marketwatch.com/story/short-sellers-are-not-evil-but-they-are-misunderstood-2017-11-08?siteid=bigcharts&dist=bigcharts
Houston, we have one day to count-down! Tic-Toc
No geo!... Its profit-taking by longs, not short-selling, that "overwhelms the buying spree"... Its been proven time and time again that prohibiting short selling causes more volatility, not less!
The Pros and Cons of Automated Trading Systems...
https://www.investopedia.com/articles/trading/11/automated-trading-systems.asp
RE: Autotrading Software... Here's the "straight skinny"...
https://www.investopedia.com/terms/a/autotrading.asp
"Lift-Off" is scheduled for this coming week, Houston!
Ha ha ha!... Autotrading software is "buying this dip!"...
TO-DAH-MOOOOOOOOOON, ALICE!!!
Relax tisdal, short-selling accounts for an insignificant percentage of trading volume and CANNOT "manipulate" the price!...
As far as the "Institutional Holdings" are concerned, if you look at each individual report, you will see that almost all of them are as of 6/30/2017... Next Wednesday, they will all be as of 9/30/2017...
"Form 13F is required to be filed within 45 days of the end of a calendar quarter. The Form 13F report requires disclosure of the name of the institutional investment manager that files the report, and, with respect to each section 13(f) security over which it exercises investment discretion, the name and class, the CUSIP number, the number of shares as of the end of the calendar quarter for which the report is filed, and the total market value."
https://www.sec.gov/fast-answers/answers-form13fhtm.html
Let's "Rock & Roll" (The bottom is in! imho)
Short the SPX "MAJOR ENDING DIAGONAL" imho...
As I said a few months ago, I expect a 9-year cycle low around year-end (probably in January) which is 9 years from the 72-year cycle low in 2009.
I also think Zion Oil & Gas (ZN) and Anadarko Petroleum (APC) are about to go to-dah-MOOOOON!!!
Short interest and short interest ratio are reported every two weeks... Since the short interest ratio is the short interest divided by the average daily volume, it is often called "days to cover." Of course there is no way of knowing how much of the trading volume is short-selling or short covering at any given moment, so that's why my conversation with tisdal was pure speculation!
Yes tisdal, that is correct.
OK tisdal... Here's the link...
http://www.nasdaq.com/symbol/zn/institutional-holdings
So maybe its the "institutions" that are buying more!
(The new quarterly report next Wednesday may give us a clue)
"Broadening Top"... The "Crypto-Currency Bubble" is finally bursting now!
That's right!... and the newly updated "Institutional Holdings" will be published next Wednesday, November 15th!
Just as I expected, short interest is rising, not falling, and the short interest ratio is now extremely bullish (6 days to cover) and if you assume that the short interest has not risen any more since then (which would not make sense to me) then using today's volume as a reference, it would now take TWELVE DAYS to cover!
Then who do you think is buying the shares that the short-sellers are selling!... (Somebody certainly is!)
Production?.. What production?... On the contrary, I think they are doing it to convince us that they are a "religious scam" and shake us out of our positions!
(When the say they have something big, they probably have nothing, and when they say they have nothing, they probably have something big!)
Great news!... They are not "milking the faithful" for untold millions!... There is not "major dilution" for the current shareholders!... Considering the size of the new-field discovery, the "dilution" is virtually "ZERO" on a percentage basis!... They still have plenty of cash on hand, which proves to me that they didn't really need to raise any new working capital in the first place!... So why are they doing it?... Hmmmmmm!
All this garbage about the impossibility of any improvement in the pps until we hear some positive news is laughable!... We must not forget that "news" is unimportant... The only thing that matters, is how the market "reacts" to the news!
"A rise on news is not nearly as bullish as a rise on no news!"
"Buy the rumor, and sell the news!
Good trading!
Yes!... "ZERO!!!"... (I told you the bottom was in)