Replies to post #45476 on North West Oil Group, Inc. (NWOL)

[vicsteele]

? Why would it take until Jan 9?

[oilspec]

Jake - What do you mean, "incredible volume"?

Volume was only 51K shares. Even at the 7 cent closing price, that's only about $3500 total for the day.

[texas tom]

Something good is coming. It looks like there may be another hotel acquisition by the Northwest oil group. There is even some press coverage by Japanese media of the Los Monteros hotel acquisition.

I have carefully read approximately four or more pages of media coverage of the acquisition. The story is reported that NWOG (NWOL.PK) is a subsidiary or branch of SZNG.ru. SZNG.ru owns 59% of the stock of NWOL.PK. The Russian understanding of the relationship of SZNG.ru to NWOL.PK is different than how we perceive it.

[CashMcMogulson]

That is completely wrong.

Buys/sells of long positions occur on the trade date for tax purposes.

Only the opening/closing of short positions falls on the settlement date for tax purposes.