Yup, thats what the shop did (I don't have any tools). I went the repair route. The wheel doesn't wobble now, I looked at it on the trueing stand. A part of me thinks the rim is slightly flat around that area, but I can't really tell the difference when I ride, so thats ok for me for now...student life

My buddy will still pay for a new rim. I'll use the money he's giving me to get a new rim later, or just maintain the bike. My front brakes squeal and I want to get a chain cleaner like this one

Thanks for all your advice.