"any normal sec traded oil exploration company has actual revenue before they try to go for the big one".
This analysis is incorrect. There are actually many pre-revenue company's in the marketplace. The reason for this is because companies can raise money with their stock with a pathway for investors to exit after the holding periods expires. The company's job is to bring the value and if they don't succeed in bringing that value with the money they raised.....well then thats the risk you take when investing. If they succeeded the last time in bringing value, and the stock hit $17 and grew from there you wouldn't be complaining, BUT you are because you incurred a capital loss? I will hold my opinion on that, but will simply say this is the marketplace, captial losses, and gains happen every day. Captial losses suck, but this is how it goes. Trade tickers for base hits, doubles, triples, and if a home run occurs, well then ;), but solely trading one ticker for a home run is not the best strategy. Any trader will tell you this! Is Zion pre revenue, yes, but fully reporting, which is an absolute must in my book. I rarely trade company's that are not fully reporting, and Zions 10Q was more than clear IMO on what ones is investing in here with the risks associated in trading it. Anyhow, happy trading day to you...wait you don't trade so only happy day.....hgmmmmmm!
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