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Weatherford International plc Message Board

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  • granicus007 granicus007 Nov 13, 2012 10:10 AM Flag

    AH comment, and is anyone buying now?

    BUY....if the stock stayed at these levels for long WFT would be bought for a much higher premium.

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    • Seems like a pretty safe bet here at a 5-year low when business is strong and they appear to be cleaning up the books and focusing on generating shareholder returns over growth. I like what I have heard and think this is a substantial opportunity to make some serious money. Of course the MM's will do everything they can to keep driving the price down and with the fiscal cliff idiocy there may be even more downside but if there is I will keep buying. 5 year low for no substantial reason with business looking strong makes me sleep ok at night with this one at these prices. Hang on to it for a while and I think there is some really nice upside to be had.

      Sentiment: Strong Buy

    • I backed up the truck and also bought 1k shares at $9.09. I am also in at $13.90 and $13.30, so, I am hoping to break even in a few days.

      Last month I had a big loss in ANR, then tossed in 10K right before big Mitt whipped Hussein's @$$ in the first debate, held the stock for a few weeks and came close to breaking even. Had I not panicked, I would have broke even and made a few K, but, my b@!!$ were not big enough. This time, the b@!!$ aer hanging with WFT.

 
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