Weatherford International Ltd. (NYSE:WFT)
Weatherford International provides equipment and services used for drilling oil and natural gas.
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can't dig without machinery.
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Energy play....they will be bought out....
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Insiders buying
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Cheap price for this company
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As investors flee, insiders are buying. They know the reason why. Not so bad.
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It is set to soar
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Weatherford has been underperforming the market for the last year and is having financial issues which has prevented it from filing its 10-Q for the period ended 6/30/12. This is never a good thing. Bail now while you can!
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Undervalued at current price. It may also be a take-over target.
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NG play with domestic oil exposure
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green fracking??? WTF now all i need is a dividend!!!
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Is this stock ever going to recover? The company seems to be making money - the highest quarter in its history - but I am sure not.
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This company produces the oil drilling equipment that is needed in the new oil shelf plays in the Bakken.
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This stock is hardly expensive, it performed very well last quarter, it has tremendous upside. It trades between 60-70% of its peak stock price.
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value
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As long as Obama is in office, oil will keep rising..
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good growth stock.
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Covestor Model Manager Mark Holder bought WFT in his Opportunistic Arbitrage Covestor Model ( http://covestor.com/Mark-Holder )
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Financials bad but with believe this company will rebound
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Recently had accounting issues which dropped the price. Hopefully this is a short term price drop and a great by price today March 7, 2011
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Books may be cooked, but the outlook for a short term rebound is good. This is an older, established oil service company, not a fly by night .com. They should rebound, and with oil climbing even a leaking boat will float.
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