Why buy it when it will go away on its own.
6 replies (most recent on top)
why buy now ? wait for the deep discounted price.
Hey, "Irish,"
Want to buy a bridge? I could do you a deal to take one across the Thames. There's a nice one near the Tower of London you could have for a couple of million if you want.
Of course, you're not that dim. How many shares have you bought at current price if you're so sure they will be at $7 in a month or so? That would be like printing $$$.
Weatherford will make Q3 EBITDA of $68 million. It has $129 million in quarterly interest payments. How do you think they will stay afloat long enough to realise a sale?
Toxic.
Halliburton will buy Weatherford after the Pressure Pumping Division is sold, in talks to sell it. Halliburton cannot see itself being number 3 after the GE-BHI deal. Weatherford has strong assets in Artificial Lift segment and the company's earnings have been weak due to the entire Oil slump. Upside to WFT stock - $7.00 in 4-5 weeks.
Haha
Probably about the same chance we have of it raining 100.00 dollar bills across the US this weekend. So there's that...