+15% down today. McCollum to enterprise - Beam me upQ
7 replies (most recent on top)
50/1 would be the best bet. Doing a reverse split is a way of buying time and is the only way to stay on the stock exchange. It helps to buy time before a bankruptcy as well. WFT needs to get rid of some old clowns and some of the new ones in management.
Anybody notice that every day Weatherford continues to release news bulletins trying to pump up their share price. Majority of this information was shared with customers some time ago. And of course it’s right before earnings report, just convenience I suspect. That’s how the current government is running Canada a continuation of smoke and mirrors and hopefully the financial community buys into their BS.
CEO has left people that caused this in their positions and is hiring more useless jobs to try and fix the problems. Our business model has really suffered in the last months. We can't be spending money to save money.
Yep. 50 to 1 would be a good split. Not many good managers left. Mostly politicians.....who bring nothing to the table. Why Mark keeps these clowns around confounds me....he got the job and kept many of the folks who put this company in the conundrum they are in.....in the their same positions. Shame on him...god bless the employees who are hanging in their....
Hope I get my expenses back before the inevitable foreclosure.
Stock price in free fall ... 36 cents. Is bankruptcy closer that we think?
if they managed to pull off a reverse management split and get rid of 20 and keep one good one then maybe things might take a turn for the better. In that scenario though I’m thinking a 50/1 would be more beneficial.