Zion Oil & Gas Inc (ZNOG)

[Imperial Whazoo]

Look at it this way:
Look at it as a timely played card....

It will keep people from bailing between now and the first news that, necessarily, must be held back awaiting the actual initiation of testing.

It holds share price up because it keeps people in their shares.

It acts to restrain any fear-forced impulses to sell now with a plan of buying back in. The plan being: Spook out the average guy successfully & then step in as the buyer. An average joe, trying to be "smart", might be willing to sell now under the assumption that there will be a sell off that can be re-bought in about 2 weeks. Folks who otherwise would NEVER sell, might be mentally willing to sell shares to the spooksters thinking they can buy in once the news comes out. So, they are succeptable to the idea that selling short term will actually end up making them more money than merely holding on.

Sell shares that they otherwise might never sell with an intent to buy back in. So, spooksters might be setting this plan in motion to leverage this idea and scoop up shares.

So, the company creates a reason to stay put & NOT get stampeded out of shares. Thats what I see this doing. And its very clever, too, because, to pay for the testing, they need to raise money. So, they both hold share prices up AND raise money. Very clever move on their part.

This is a very smart move by the company because it undermines the "spookster smash down short sellers" that are, otherwise, VERY VERY likely to descend upon us in the immediate future (between now & the news).

My read of the company's idea.... a guess, mind you, but that's what I see going on here.

Very well timed & played act by the company.

Imperial Whazoo