Replies to post #30508 on North West Oil Group, Inc. (NWOL)

[Razorbucks]

No offense, but that's the worst advice ever..

Been in pinky land much? IMO. If you want to invest, keep it in the companies that care about audited financials and transparency. Pinky land is a game, not a place to get rich, imo. You'll learn your lesson soon, I'm sure. The MMs love to suck "pinky investors" dry.

I feel sorry for those that bought at $1+ with that mentality!

[Oil Baron]

Try to see the financial statement this way:

Stockholders equity = 48,718,825
Total of shares = 619,400,388
Equity each share = 0.0786 $

Let's assume the company bought back 19,400,388 in the past 3 months - equity each share is = 0.0811 $

On the other hand - Current price each share = 0.0445
Current equity each share = 0.0786 to 0.0811 $

Current value of all shares = 619,400,388 * 0.0445 = 27,563,317 $
Current stockholders equity = 48,718,825

This has to bee compared to the income statement, where we can see a net income of 5,563,279 $
Net income each share = 0.00898 $

Net income compared to stockholders equity before adding net income = 5,563,279 * 100 / (48,718,825 - 5,563,279) = 12.89 %

____________________________

Sum of all

Perhaps disapointet, but you are a shareholder in a company which currently shows:

1. Net profit of more than 5 mio. $
2. Current share price only nearly half the stockholders equity from the financials
3. PPS is extremly low compared to other oil stocks - and especially stocks that creates net profits.
4. The company are trying to show some action - financials, delisting in Frankfurt - and more to come...

So - if the question is not - "DO YOU WANT TO BUY MORE SHARES TODAY" then it has to be "DO YOU DARE SELLING YOUR SHARES TODAY" ?

I look foreward to a very volatile day....