Zion Oil & Gas Inc (ZNOG)

[DragonBear]

Exactly "it trades by emotion.

FINALLY you understand

There was never any misunderstanding.

$1.00 is where ZN is heading just because - its psychological.

To assume it's heading to $1 could also bee a psychological guess. Also assuming it's headed back to test a low of 0.28. Maybe seeing the prolonged 0.50 on the chart would make that number more purrty?

Microcraps like ZN will always move on the emotions of investing dreams. All it needs is a tweet. It has a low O/S compared to other scams which makes it easier to move.

On the downside is any spike with volume allows the Tutes to get out at a slightly higher PPS. Probably in May they will dump en mass to clean the crud out of their books. Any past support they offered will be gone. Then it's insiders and retail traders competing against each other, for the decreased bid volume. Unless the stock goes above $1, and stays there 10 days, trading past Jul will be on the OTC, and the psychological level of 0.50 won't hold. No matter what the tweets say. A year after that one has to worry about the SEC coming out with litigation. But that's far in the future.