Zion Oil & Gas Inc (ZNOG)

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so far i've looked at least 3 oil companies today-they all fell 8% today- i looked at one extensively besides zn[where ceo bought stock 8% higher than pps today]
-and could not see any logical reason for pps fall in any of the companies -it was just an across the board pps fall for the dow today-which means very little longterm, especially as much of the news causing the fall was manufactured

the dow was down 460 points today
as per an article i saw based on slowing economies- the only reason-plus see below- i see for the pps fall today-its occurring across the board

usa economy still expanding but at 3.1% not ca 3.3% and usa manufacturing expanding w 52.5 reading -but not expected 53-that could be due to the arctic freeze much of the nation experienced in feb and early march-whatever-big stock traders are some of the worst floozies- overreaction is the name of the game

at the same time the press took a fed officer comment re interest rate would rise if there was DRAMATIC inflation-with the press eliminating the context and the word 'dramatic'-

as if the sensationist press wanted to crash pps today-w press comment re inflation insane and contrary to the news of expansion slowing(was slowing BECAUSE of fed interest rate increases-especially in december)
gives an idea of how news is manipulated to satisfy ulterior purposes-and fed itself has signaled no more interest rate increases this year from articles i've seen

https://www.marketwatch.com/investing/index/djia

1 of the big unknowns is how investors will react to news - i usually find -especially in penny stocks -which zn is[below 5 dollars/share] that investors are usually unable to properly evaluate news- and that doesnt necessarily exclude big boys-after all, in kindergarten they had trouble counting to 10 and it took them 3 years to learn, 'see spot run'

so, short term misunderstandings or evaluations and manipualtions and fraud outweigh logic,

so all i can say is if logic is followed the recent events of oil companies interest and finds in northern israel should be positive for zn,perhaps significantly so