Zion Oil & Gas Inc (ZNOG)

[tisdal]

Heads Up folks. They are back!

The short position must have grown substantially over the last month.

At the beginning of the MJ#1, I would regularly get requests from my broker to borrow the shares that I held in my IRA. That's because legally they cannot lend them to short sellers because they are held in my IRA or on the cash side of my account. So my broker must first contact me to borrow them and also pay me a daily interest rate to borrow them.

This occurred when there was a very substantial short position and shares in margin accounts became hard to find.

Well, they are back asking to borrow my shares.

IF YOU STILL HOLD YOUR SHARES ON THE MARGIN SIDE OF YOUR ACCOUNT, MOVE THEM TO THE CASH SIDE SO THAT THEY CANNOT BE LOANED OUT TO SHORT THIS STOCK.

Of course, I will not lend them to short sellers who wish to hurt the my return on my investment.