Zion Oil & Gas Inc (ZNOG)

[Badbrain88]

The "short" answer to the extremely large short interest is the lack of fundamentals and Zion's unsuccessful past history. They have done their DD as well and are betting ZN will bat 0 for 3 this time around again. They know this could literally be a penny stock in week or two. And let's face it, they might be in the right so the risk/reward factor could pay off if this goes off a cliff 80 or 90 percent. The delays and the silence is very unusual and a negative signal. The flip side of the coin is the longs doubling down just like them but the visibility on this curve seems foggy even at this late stage. Zion will have to announce a game changer to flush the shorts out imho.