Replies to post #6330 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

In case you are wondering what rule-10b5-1 is.

What is the 'Rule 10b5-1'
Rule 10b5-1 is established by the Securities Exchange Commission (SEC) to allow insiders of publicly traded corporations to set up a trading plan for selling stocks they own. Rule 10b5-1 allows major holders to sell a predetermined number of shares at a predetermined time. Many corporate executives use 10b5-1 plans to avoid accusations of insider trading.

rule-10b5-1

The real problem is investors don't take the time to really perform due diligence so they panic sell thinking the sky is falling. With that said, tomorrow could be a down day due to the lack of smart investors in the market who are more like chicken littles.