A lot of negative speculation and "hold" sayers on this stock that has gone from 9 to 15 over the past year. Yes, some paid 20, 40, and even 60 in the past but I say its a buy buy all you can buy up through the 30s. This stock will get back to the 60s again and it will split again. "In time, young jedi!"
The bottom line, WFT has to regain trust. When they don't surprise negatively for a year or so (which is where we are at)....it will begin turning the corner. If you ask me, the stock has more than turned that corner. In my opinion the SUPER easy money has been made but I do agree, safe buy till 17.50 (not saying it won't be a buy above....just will need to re-evaluate) unless the markets tank...even then though, I don't think there is much downside below the 12s. GL all, B
I hear that Mexico will be lifting a decades old ban on foreign oil companies. Apparently Mexico wants to import fracking technology and get their oil production up. Also that some American companies have expressed interest in developing there.
Is that so and is WFT on that list?
The Mex Prez' put WFT on the list, but, the big question is what will the Mexikan' legislature do? Maybe, hopefully, all the GD illegals will pack up their stinkin' families and go back south to where they belong. I am tired of paying for their education, medical bills, welfare stipends, etc.
For all you folks back east who think my comment is racist, come out here to CA and see first hand how the Mexikans, and the Republican party leadership has turned this state into a third world country.