North West Oil Group, Inc. (NWOL)

[trade2much]

Ronnie: the President said recently that he felt the value was atleast $2+, and oil has gone up since. Also he indicated that this offer was an excellent deal for shareholders.

If the rule of thumb is that the SP will go to 80% of a buy out offer until the deal is done then $2 x 80% gives us $1.60 min to my way of thinking. If the deal was better, which it should be if the Pres thought value was $2 then the deal price should be higher so take $3 and you come out to $2.40

Pick what you like it should be a very sweet deal according to the PR