Zion Oil & Gas Inc (ZNOG)

[Bruce_Mcdonalds]

Just a prediction. Without regard to weather or not Zion Oil is ethical or unethical, all would have to agree they had a very stable 20-year business model until the SEC stepped in. So it stands to reason things will not return to normal until after the SEC investigation is over and done with.

Until then, anything can happen, including what I believe was an over-reaction by Zion Oil to current events (such as the firing of CEO Dustin Guinn and the delay of the 3D seismic test a year). Over-reactions like that by Zion Oil management could end up destroying the company.

Status right now is: they have entered a blind canyon, with no path forward, no way out. So the prediction is dire - it will bottom at 0 soon, unless the SEC investigation ends in a month or two.