I had to chuckle when I saw the message title as I thought back to an old research report from Morgan Stanley. The report was on SLB and came out in July 2011. The title was "All Aboard" and the analyst threw out a $160 price target on SLB when it was trading at around $90. He pretty much top-ticked the stock to the day as it went to $55 in less than two months from his brilliant call.
Nothing personal dude, just a recollection of a similar proclamation from a couple of years ago on a related stock.
I couldn't agree more. I'm a long so it must be taken with a grain of salt but I haven't felt like this about WLT since before the accounting mess was made public a few years ago. Looking at future estimates....if the company can throw a couple/few quarters together (just meet est. nevermind beat) and build a little trust with Wall Street the stock can absolutely fly.......they gotta get to the point where people are willing to trade it based on 'FUTURE' gains and not on current earnings. I do think this stock trades at 20 this year provided the market doesn't go down.....that's right, if the market is flat, I think it still goes to 20.