Zion Oil & Gas Inc (ZNOG): Since the rights pricing is $5.00, it fo...

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Imperial Whazoo

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Imperial Whazoo

Re: Moses1492 post# 12527

Friday, 04/06/2018 4:03:09 PM

Friday, April 06, 2018 4:03:09 PM

Since the rights pricing is $5.00, it follows that there will be a rise in share price to near that. That would allow profits to be made by a simple round trip. If there is a past-Passover PR, as I expect there to be, then there may be momo behind a move between now and the 10th (record date). So, thats prolly what was behind that big, late day trading activity: people deciding that the price will be higher next week, so buying today make excellent sense.

Thats my take.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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