Today's 14% jump caps a five-day 60% advance in Zion Oil & Gas (ZN) on no apparent...


Today's 14% jump caps a five-day 60% advance in Zion Oil & Gas (ZN) on no apparent news, but this isn't the first time ZN shares have seen such wild swings. Evan Buck urges extreme caution in the company that's "definitely not a kosher investment," highlighting Delek US Holdings (DK) and Noble Energy (NBL) as far wiser plays on Israel's natural gas finds.
Comments (4)
  • WhitneyB
    , contributor
    Comments (890) | Send Message
     
    This is slightly misleading; DK is strictly a US refiner/retailer, a subsidiary of Delek Group. DK itself is not a player in Israeli gas E&P, just the parent and other subsidiaries.
    18 Jun 2013, 09:22 PM Reply Like
  • MaxSport
    , contributor
    Comment (1) | Send Message
     
    Followed the company for a while. This move didn't surprise me as Mr Brown was on a messianic Jewish TV show last Monday talking about oil in Israel and its correlation with the end times. Resistance at 3.00 was expected as well since the stock was almost at its 52 week high.

     

    No real news has come out concerning any big discovery, but big volume and a rise from 1.55 a week ago Monday to 2.99 today.

     

    19 Jun 2013, 12:23 AM Reply Like
  • charles Payne III
    , contributor
    Comments (17) | Send Message
     
    at the moment they're going through Growing Pains I think they would get down to .80 then make a run at $8 by the end of the year
    8 Jun, 04:31 PM Reply Like
  • charles Payne III
    , contributor
    Comments (17) | Send Message
     
    in other words they would have a period of bears as a correction reset , or retreat with a Spike down to .80 Follow by long and prosper is deer season especially if the benchmark it hits 62
    8 Jun, 04:33 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs