Replies to post #45682 on Zion Oil & Gas Inc (ZNOG)

[MoneyForNuthin]

It doesn't matter what the ticker is - if there's volume that moves the price much higher for any reason... that's when the company should take advantage for raising any funds.

Zion has MORE reason - potentially (with a discovery) - that Gamestop did at that time. So this registration is DEFINITELY appropriate for management to be ready if/when the time comes. Gamestop was just lucky, though they had a clue, with Cohen taking an interest the way that he was. But they got LUCKY that retail got on board... and they simply took advantage of it. NOW, they have a real good story. So will Zion, I expect.

[MoneyForNuthin]

Well, I don't really need to debate this with you, but maybe you should just make it a case study to understand how this works. GME was down much lower than $16... Cohen became interested and started making statements... GME filed that shelf reg... Cohen got even more vocal and bought much stock... Wall St wanted to short it after it started up like that... retail jumped in and fired away to the moon.

Zion can do this, just for different reasons (struck oil), and retail can have a big hand in it, the company can fund everything it needs, everyone wins but the "shorts."