Replies to post #12894 on Zion Oil & Gas Inc (ZNOG)

[Moses1492]

What's beautiful is that a commercial find with any promise will cause a flood of institutional investment. ZN has a 6% institutional ownership percentage and most every long Zion faithful shareholder is not selling. Any institution that wants in - even in a small stake - will cause an incredible ZN spike to $20 minimum+.

[green dolphin]

Imperial thank you for sharing and I agree with about 80%. I think there might be drilling out many directions from one well site, but I don't know beans about oil wells.

As far as timing, I do think Zion will time it strategically and I think it's brilliant. The shorts should listen to you - but I think they will try anyway. Greed, but not in a good way. They will lose.

I too usually trade and with Zion I find myself investing. One of my main pillars is "Never turn a trade into an investment." So sometimes after I buy Zion I think to myself I can't believe you just did that in that way. It goes so much against trading. lol but it's OK. I've given up trading Zion for now.

ZN $$$$$$$$

[tisdal]

ImperialWhazoo, as to depth, I hope you're right.

That would put us at the higher Netback due to a low cost of production range like Iraq, Iran, and Saudi Arabia.

As that chart shows, Saudi Arabia only needs to spend $3.50 in capital to pull a barrel of oil out of the ground. This amount includes money invested in drilling new wells as well as the associated equipment. The reason its capital costs are so low is that the country's oil is located near the surface of the desert and pooled in vast fields, so it doesn't need to invest that much in drawing it out of the ground.

Here's how much it costs both Saudi Arabia and the US to produce oil

As to shorting the stock, IMHO, it's a simple matter of an over hanging hammer. It is my contention that Zion already has the press releases lined up to drop on the market at anytime. As Mr. Brown stated in the latest video, "The oil discovery has been verified with the Israeli Authorities". No one wants to get caught short this stock at this time.

As to the rights program. This Friday, the rights program closes on the date of record (April 13). Depending on how this actually works, accounts do not settle until Weds. It will be after that AST will start submitting rights to accounts of shareholders. These will start to show up in Accounts on Thursday / Friday (April 19/20). April 19/20 is when Israel celebrates its 70th Anniversary. Pretty well timed don't you think.

Now, while all this is happening, Zion is beginning to or have already been testing the MJ#1. If Zion has been testing the well by this point, a possible Press Release and SEC Form 8 statement to celebrate the 70th Anniversary announces that a commercial find has been discovered, and how Zion has applied for and received a 30 Production License for the Megiddo-Jezreel License area. They hold off specifying the size of the oil field until the final test results are released, but to say that it is enough to make Israel energy independent.

No one would want to risk being caught short this stock once this press release hits the wires. The stock will be halted, re-evaluated, a new bid and ask will be established, and anyone short will be immediately in a large amount of red.

This is just a simple matter of fear that Zion Oil and Gas has found (as Mr. Brown insinuated) a large oil field that will draw attention and bring Glory to His name. This is the over hanging hammer that Zion could drop at any point in time.

Right now to the end of next week is the short position's sliver of opportunity. The only problem?; there are accumulators everywhere trying to get this stock at lower prices daring them to short the stock into their bids.

They truly only have one option; buy back and cover, in direct competition with the accumulators. That's why the price is running up. The accumulators and the short interest are sitting on the bid competing for every share that someone might foolishly place on the market.