Zion Oil & Gas Inc (ZNOG)

[DragonBear]

Thanks so much Bear. That scenario actually makes sense & would explain the majority of the volume

You're welcome.

Now will come a spiral down of volume, and PPS. Where again we can give blame/credit to traders. It's the ole OTC Microcrap game: ME tensions. Is there going to be a war US-Iran? Oil prices skyrocket. 3rd party site with its 10K followers pumps ZN the "oil stock". Just what the Dr ordered. Never mind it's an oil stock that has never produced one penny of oil revenue. Just look at the damn chart! Wow, it has really gone down in the past few months, and with oil prices soaring, that should get the stock back up! Pile in!!!

Then comes the 2nd part. Guess there won't be a large shooting war after all in the ME. Oil prices (WTI) retreat to below 60 before market today. The party is over. Now the traders sell, and exit out of the stock. Things return to normal. Speculation about the 3D results, the Nasdaq $1 deficiency, a R/S, etc.