Zion Oil & Gas Inc (ZNOG)

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short volume as a % of total daily volume is growing on a daily basis again

there are at least 2 situations where a short squeeze could occur
1)where such volume exceeds 30%-short squeeze sites follow such companies-

2)when the price and volume rise suddenly and substantively- the most likely scenario when ZN announces a commercial field

then due to rising volume shorts day to cover(number of shorts divided by the daily volume-will shrink rapidly from the current 12 days reported by tisdale to perhaps just a couple days w sufficient volume-
which will cause a short panic -bashing to the nth degree and other attempted manipulations--they-at least the organized group-are counting on their old friend and ally to get them out of trouble and profit as they expect every time


http://www.volumebot.com/?s=zn