North West Oil Group, Inc. (NWOL)

[Lucullus]

I still don't like what I see at the moment.

PPS is falling, TA is gagged, millions of shares have been sold over the last weeks and I have doubts that they were naked short!!!

After the NDOL/NWOG Merger there were around 700 Million shares, calculating without the RS we actually have at least 2,5 Billion and A/S are 5 Billion. With the gagged TA we could actually see the next wave of dillution! Looks like the company's buyback programm was not very successfull last year - left hand printed more shares than the right one could buy!!!

No, I don't like what I see! SZNG private may be a proitable company but NWOL is actually not participating imo.

I don't see any sign for a turnaround at the moment. I don't buy one more single share at the moment!!