http://seekingalpha.com/article/3843176-weatherford-steeper-protracted-downturn-lead-bankruptcy
1 reply
Read the disclosure,
this guy wants to short
"Disclosure: I/we have no positions in any stocks mentioned, but may initiate a short position in WFT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article."
Now if we get an announcement that they are pulling our wft shares out of our 401K and moving it to black rock, then Chapter 11 is coming.
Do a little research, Chapter 11 would be a good thing for this company