Replies to post #52814 on Zion Oil & Gas Inc (ZNOG)

[Bruce_Mcdonalds]

This is a stock surrounded by black swans, just waiting for one to swoop down.

Charting will not tell you if Israel was telling the truth about no more on-shore drilling licenses.
Charting will not tell you if Zion Oil get's a lease extension.
Charting will not tell you if there is oil beneath Megiddo that can be commercial.
Charting will not tell you the real intentions of the 17 senior, somewhat retired (based on age), Zion Oil management.

If you jump in and out a black swan could appear at any time that will be 10 times larger than any gain you might be thinking of making. It's best to make your decisions, based on the probable outcomes you think, and stick with it.