Zion Oil & Gas Inc (ZNOG)

[WiseYoda]

It could be someone who was liquidating yesterday and got cut off at the bell. I mean it could be an array of things. It can even be someone trying to bring the PPS down today. That won’t work as theres too much anticipation of the shareholders meeting. I think the 10Q is good in that Zion has big plans with moving forward. How could Israel allow it if there was no evidence of a commercial discovery? As you know their agreement specifically said that only if theres oil would their license be extended. Others may see the 10Q and not like the idea that Zion will need to raise of more funds therefore creating further dilution. Who knows how that will play out. No doubt Zion is aware that info of a commercial discovery or that they’re on a solid path to one is needed and not the hopes of it happening.