I have followed WG since 2000. I have made 3 round trips......all profitable.
I currently hold 36K shares....bought 11K @4.76 and doubled down with 36K @ 3.77.
All I can say is hold on tight. I have been trading stocks (self-directed) since 1965 and
I cannot recall any other stock, whose behavior isas unpredictable as WG!!!).
Tomorrow, I can see WG closing anywhere from $7.90 to $9.97.
I believe this sucker carries a beta of 2.34...............jjm
I have been adding all the way from $3.80, and even paid $7.40 for some shares. WG, a debt free WG, is worth a bundle. The "golden era" for domestic North American O&G service providers is here, and will last for several decades. The terroism threat is out of the equation with the recent sale of Oman operations. I too see double digits, and maybe even the low to mid 20's. Who knows, with the right sponsorship this stock could see $40.