Should i invest in zion oil and gas

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That sell-off is mainly due to profit-taking after shares in the Israel-focused oil driller skyrocketed yesterday when it announced that it struck oil while drilling in the country. There was "a continued and significant increase in gas followed by clear evidence of oil in our circulated mud from the bottom of the well," according to Chief Operations Officer Dustin Guinn.

However, the stock has retreated more today as investors seek to lock in some profit since the presence of hydrocarbons doesn't guarantee this will be a commercial well for Zion. The company won't know that until it drills further and examines the data it collects. It's a tiny company that currently doesn't produce a drop of oil, and there is a distinct possibility that it never will. Because of that, this stock remains highly speculative and isn't suitable for most investors.

Those who want to invest in an oil stock should instead consider one built to last. Discounted offers are only available to new members.

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