North West Oil Group, Inc. (NWOL)

[ekythump]

there are dozens of people in the same situation as your friend. the only way, after the buyout fell through, that this will even get above $0.75 is if this company completely rebuilds its investors' trust.

Give your friend a lesson on sunk costs. A sunk cost is what he's looking at here.

His money doesn't still exist in NDOL like energy is stored in a spring. I have some of his money from when I sold at $1.23. It no longer exists in NDOL and each day you have to ask yourself if you would invest in NDOL if you had that amount already invested free to buy whatever you want.

For Example:

Right now, if I had, say, $30k, I would wait to see if NDOL dropped to $0.20 or so before I would buy.

I have $3k in GTRC too. I see that stock drop and I ask myself "If I had $3k in "dry powder" right now, would I invest in GTRC at these prices?" The answer is yes. That's what I ask myself to determined whether or not I should buy/sell.


Your friend should ask this question with NDOL.