Replies to post #34984 on Zion Oil & Gas Inc (ZNOG)

[DragonBear]

But you miss my point completely. Insiders COMBINED exercised and sold 250,000 "1" cent options for 20 cents which amounted to a whopping TOTAL of $50k in profit

Except they haven't sold yet. And neither does spending $2.5K for 250K shares exactly break their piggy banks. And note the "whopping" potential profit of $48K is still a hell of a lot more than the retail buyer who bought at the recent 0.50+.

Meanwhile ZN's CAP is immediately manipulated down over 5 million as ZN pps is pushed down from 20 cents to 14 cents

There is no manipulation down. It's straight selling with Nov being Window Dressing month for the Tutes&Hedgies. They clean the crud out of their funds. The good news fur ya, is that they should be done. Retail wanting to declare losses are also past time. Dec should be a very sleepy month for ZN.

Normally insiders exercising and holding would be supportive of the PPS. Likewise their later selling not supportive. However, for ZN it really doesn't matter. The real dilution are the continuous PSPPs, and their coughing up cash for Brown, and his gang.

SHORTING a stock doesn't have to meet the definition of selling and then buying to close at a profit

Actually it does have to meet that definition.

On thinly traded stocks (such as ZN) short teams often work together or independently to drive prices down by selling back and forth in buckets all the while buying up the weak hand sellers. You know this right? Neat indeed as you like to say

If ZN were a $30-50 stock, that had run like wild the past couple of months, then yes, as volume drops, and especially in Dec, the quant computer programs do work over such stocks. I had one 10 yrs ago that lost 1/3 of its value in Dec. Then regained it back on Jan 02-03. Butt, ZN? Ya gotta bee kidding!

Even though a quant with a computer trading program can meet FINRA 4210 margin requirements, far easier than us retail, they still have to meet the requirements. They don't need 2.5X multiples of their funds tied up "shorting" a Microcrap stock that already has the snot beat out of it. Instead they will again go after the $30-50 stocks (e.g. no $2.5/shr margin requirement), the ones they can attempt to drive down, taking out (retail) Stops, that were left in place in Dec.

And no, wash trades are not a tool of the Shorts, but rather a tool of any 3rd parties involved in Microcrap stocks, helping the company dump stock. The purpose of the wash trades being to generate volume. Make it appear as though interest is increasing. The cry goes up on forums: "Sumpthin must bee up! Someone knows sumpthin!". Retail gets excited, and starts buying.

My prediction for ZN in Dec: A very sleepy channel 0.16<--->0.20. More and more it will be up to retail to support this stock. And at some point retail is going to go ... Burp.