Replies to post #44095 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

WiseYoda, Buying a large number leaves investor exposed

Not sure I am buying that 500K shares can be a trader. The exposure when Zion simply releases 3rd quarter results and nothing else is dangerous. This thing will drop quickly, leaving them holding the bag. Seriously, if Zion releases only 3rd quarter results, this thing will sink to .10 "quicker than a fat kid doin' a belly flop".

For that reason alone, I think the 500K buyers have to be smart players, or they are short covers, but traders? If so, they wont be trading for long :-).

There goes another 400K trade. Hmmmmm

At this pace, if Zion never reports 3rd quarter results, we'll be rich by the end of the year - LOL