Zion Oil & Gas Inc (ZNOG)

[Prophetic Watchman]

Tisdal, a few things...

firstly, most people who believe in the whole oil in Israel connection are going to be longs.

only those who buy and sell quickly will use this or any stock to add up profits to earn a daily living.

depending on where they bought in, most will probably hang on to it since they will typically hold until they see their believed breakthrough. even if it takes numerous attempts.

but if it were to tank to a buck and they did buy higher, maybe they will dump it. right now its a crucial time to hear good news to get the SP back up. ultimately I believe there will be no more investors to give enough to drill again.

I know Im not saying anything new here...but at least this go around, it didn't make it to 14 on not having any commercial quantity oil. people's excitement pushed it up there, but the balloon popped on the bad news. naturally nobody wants to hear it again, but as the odds say, only 1 in 9 drill attempts find anything of value. zion needs revenue. no more paying management their salary on the shareholders dime. its like a 40 year old kid still getting allowance.

and secondly, the 50 year jubilee is over with. so there's no connection with that anymore.

its down to the nitty gritty.

go big or go home....IMO