Zion Oil & Gas Inc (ZNOG)

[Moses1492]

Hey Tothe, How would you expect the stock price to respond if ZN hits a gusher immediately upon perforation of the test zones likely next week and the good news is leaked to a few MM's(but on the very quiet down low)? I'd imagine the big MM players will have boots on the ground or contacts somewhere monitoring the well site and news of oil filling up all the containers will travel fast - especially if they have to haul it offsite! The MM boys many even have an insider at Expro who gives them updates...

Anyhow, would immediate buying pressure to cover and increase holdings by a few MM's affect the overall stock price in the short term without an official announcement coming from ZN yet?

Will the 10% short interest be desperate and cause an immediate uptick in price to $6 or $7 or will they be able to hold in back in the $4 range?

Whats your guess my friend :)