Zion Oil & Gas Inc (ZNOG)

[WebSlinger]

That article has nothing to do with ZNOG. It is about shorters being squeezed out of their positions, thus raising the stock price. ZNOG doesn't even have options.

In addition, the article doesn't know what the hell it is talking about. The main reason that GME went sky high was because it used a fairly unknown strategy of buying Call options as a way of forcing brokerages to buy more shares (in order to cover the options in case they were exercised, since each option controls 100 shares). In other words, when Roaring Kitty bought 2,000 options, he effectively controlled 200,000 shares. If enough shares were not available, then that forced brokerages to buy shares a higher price, which then forced brokerages to do a margin call on shorters to buy back shares, which then forced the share price even higher. This caused a domino effect, which in turn brought in the retail masses, which forced the share price even higher.