Zion Oil & Gas Inc (ZNOG)

[tisdal]

Not a Merry Christmas from Zion? Speculative post.

It is standard operating procedure for Zion to wish it's faithful supporters a Merry Christmas. We have not heard anything from Zion since Dec 6. Nothing for Chanukah either.

Why do quiet periods exist?

The purpose of a quiet period is for a public company to avoid making any comments about information that could cause investors to change their position on the company’s stock.

IPO quiet periods were created by the SEC to prohibit analysts who are lead and co-lead underwriters from issuing positive research reports that might influence security prices during the first few weeks of a new IPO.

In addition, quiet periods exist to protect companies from inadvertently violating Regulation Fair Disclosure (Reg FD) during the sensitive time in which they are aware of their quarterly financial results (or any material, non-public information), but have not yet publicly communicated this information.