Zion Oil & Gas Inc (ZNOG): Tothe, today's ZN market cap at 80 m...

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Re: tothe post# 39166

Monday, 08/03/2020 8:30:57 AM

Monday, August 03, 2020 8:30:57 AM

Tothe, today's ZN market cap at 80 million w/pps @40 cents. Do you think the MM's will run the price up over $1.00 to keep the lucrative ZN option market open for business (and they have made fortunes selling options)? If we go OTC (like SDRL recently did without reverse split), all options are null and void. Option prices are sky high and now seems like the perfect time to buy ZN and then turn around and sell covered calls for 30-50% profit. If ZN goes OTC all options expire worthless and we pocket the profit, or MMs take ZN to $1.00 and we still pocket the profit on the run to $1.

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