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Weatherford International plc Message Board

  • schwadva schwadva May 4, 2013 12:58 AM Flag

    why did this stock Jump ?

    The answer to this is because of the specialist in this stock completed his accumulations and now is looking for making more money , sharply advancing stock price above 13 level and going to 20 level where He would like to be , he can then sell his accounts at a profit and also sell short to prepare for a decline ! Hi volume means that many folks see this jump as a begining ( poket pivot ) and they want to join and get on the train ASAP !

    Sentiment: Buy

14.35-0.04(-0.28%)10:53 AMEDT