Friday, October 28, 2016

Weatherford: Recovery Starts Now

Weatherford reported disappointing Q3 results.
The company has left the stock for dead while the market is starting to rebound.
The stock remains a speculative play in the sector for a catch-up trade.
As other industry players trade near multi-year highs, Weatherford International (NYSE:WFT) is still trading at the lows. The recent quarterly results weren't the best, but the market appears stressed out for no reason.
Read the full article on Seeking Alpha. 

Disclosure: Long WFT. Please review the disclaimer page for more details. 


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