Zion Oil & Gas Inc (ZNOG)

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so the news was all good but still the pps dropped due to macro world events impacting the oil industry

other oil co's on my watchlist have experienced the same fall-in the last year e.g., one such co fell from 5.50 to .34pps despite improving its longterm situation -the stock market follows a strange logic which defies explanation in the short and often near term

the uncertaintees and macro events like venezuela and iran- which should be causing pps to rise-absent increased usa production-are instead causing some investors to flee such uncertainty- odd when you consider uncertainty describes the stock market itself and the world, since the world does not have a clue to who they are or where they are going

it is situations like this -where a perfect storm of events - as illogical as such storm is- depresses pps beyond that which is logical and provides an opportunity for those with foresight and contrarians to buy for a steal.

at least the fed reduced interest rates 7-31 to partially counteract recessionary tendencies outside the usa