Replies to post #9802 on Zion Oil & Gas Inc (ZNOG)

[TAB78]

Agreed and I lost 400 shares this week.

How? i did a margin buy and did not follow the plan that came to me when i did it. I raised my sell price to $4.91 instead of holding at 4.88

By the time I saw what was going on I thought ok hold on and wait. I should have sold and took my gains and been thankful, but I did not.

So I waited and of course I waited too long. I had to sell 400 shares more than i bougbt to cover the loss. 400 of the shares i had earned the last couple of weeks making similar moves. Some call them freebies I do not, a risk is taken and there is work and time involved in doing a margin buy and selling high to cover margin and keeping extras. Nothing free about them IMO.