Zion Oil & Gas Inc (ZNOG)

[Badbrain88]

Since we don't know exactly the nature of the investigation it's too early to tell. This kind of inquiry usually lasts months. Zion may be a $50 stock by the time it's all over. If exonerated then the pps goes up even more. It certainly won't affect the upcoming catalyst but the short term price will probably hit a year low. Worst case scenario at this point is an SEC trade halt which is 10 days but I don't think that will occur in this case. Short interest of course will increase even further.