Zion Oil & Gas Inc (ZNOG)

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re the russell index, as clint eastwood would say, "it really doesnt matter now, does it!"

pps from articles i've read probably drops less than 5% if delisted from russell index

and in zn's case logically less than most bc index investors will have had 9 months to sell zn by the time zn could be removed from the index june 28

most such investors in zn are using zn as a speculative play-and zn still is a speculative play(something w no income yet) and as i said such spec investors only have a small portion of their portfolio in zn,so they are willing to ride it out

zn was ca number 5 in growth last june on the index- they remember that