Replies to post #31815 on Zion Oil & Gas Inc (ZNOG)

[microcaps1]

https://www.nber.org/digest/nov13/w19290.html

FROM the above cite
"Past studies have found that companies added to the S&P 500 experience increases in their share values, and yet recent studies with the largest samples also have shown that there are no corresponding declines in share values when firms are deleted from that index"
" lingering "investor recognition" of firms that were once on an index may partially explain why their share prices don't fall after deletions"

[microcaps1]

re the russell index, as clint eastwood would say, "it really doesnt matter now, does it!"

pps from articles i've read probably drops less than 5% if delisted from russell index

and in zn's case logically less than most bc index investors will have had 9 months to sell zn by the time zn could be removed from the index june 28

most such investors in zn are using zn as a speculative play-and zn still is a speculative play(something w no income yet) and as i said such spec investors only have a small portion of their portfolio in zn,so they are willing to ride it out

zn was ca number 5 in growth last june on the index- they remember that