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Zion Stock Trading Over $8.00

January 7, 2009 by admin 

Zion stock (AMEX ticker symbol ZN) closed at $7.06 yesterday. Today it has been trading between $7.10 and $8.71.

It’s miraculous that Zion has successfully raised capital in its second public offering and its existing shares have increased in value – in the midst of the current world economic meltdown and war in the Gaza strip. All from an oil company that has yet to produce any oil! That may change soon; Zion is scheduled to be drilling at the Ma’anit-Rehoboth site next month.

Keep an eye on the stock. I’ll make an effort to bring you photos of the rig and the drilling site, as well as updates as they happen

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Related posts:

  1. Zion Oil Rights Offering Declared Effective
  2. Noble Energy Declares Dividend, Stock Upgraded
  3. Zion Oil Oversells Stock Offering by $19 Million

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Comments

3 Responses to “Zion Stock Trading Over $8.00”

  1. admin on January 7th, 2009 8:40 am

    It’s hard to keep up. Now the stock is at $9.06 and the high is $9.71. Wow!

  2. Garret G on January 8th, 2009 12:15 am

    Just the start of something big.

  3. admin on January 8th, 2009 6:23 am

    Zion Stock closed at $8.35 yesterday

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