Zion Oil & Gas Inc (ZNOG)

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Yes companies do buy back shares, but that is when they operating at a nice profit, have a substantial cash flow and they trying raise stock prices.

Yes a higher stock price would be good for ZN, but where would they vet the cash to buy back shares? Right now they are trying to raise funds to complete this well and when reading KYOIl's analogy of the whole thing (I might ad makes a lot of sense to me from little I know and what reading I have been doing lately and a few other oil.stock I have and read aboutthem) ZN is onto something here in my opinion and needs all the cash they can get right now to bring this in.

Imo which is not much I might ad, the pps will rise soon enough.

I know you have probably beennlonger than I, but at least this has great potential in the near future. I lost 12,820 share of high pps Enron when that all fell apart. So trust me I know your concerns, if I thought was not going to do well, I would not have invested into them, I might ad I just added some shares and plan to ad some next week and if any of my penny stocks do well I will take the money out them.and put it here. That's how confident I am we are on to something here