Zion Oil & Gas Inc (ZNOG)

[Imperial Whazoo]

I wish I knew. My question from yesterday was about the May 31st date. I myself was wondering why that date was put out there.

My basic thought is that, as long as people buy and set stops, then regardless of when the current range gets broken, the shorty guys will think they can spook people, drive the price down, and pick off the easy auto-execute stops.

If people depart from the advice the industry gives and they do NOT place protective stops, a short-side fishing expedition by shorty will be unproductive, but in my experience, people are creatures of habit, which means that its a very predictable trade for shorty to attempt to trigger auto-sells by driving price down briefly.

My guess is that shorty will be mining the protective stops all the way up because those shares are low hanging fruit.

Just my opinion.

Imperial Whazoo