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Analyst downgraded Weatherford International Ltd.

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发表于 2010-11-26 13:50 | 显示全部楼层 |阅读模式
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Analyst downgraded Weatherford International Ltd.
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DTLY-F analyst today pointed out that WFT is reaching its resistence. With a high P/E of 323.16, it will be really hard for WFT to break the resistance at $21 per share in short term. Plus, a less than 15B market capital is still too small for a 52000-employee company.) Q  z. q1 ?3 f  x% H5 r+ T3 `

8 c1 }) d* b8 e1 p- DTLY-F began covering WFT from late Oct, 2010; and the investment generated +15.6% return in 3 weeks. Based on the above analysis, all shares were dumpped with profits taken in today's trading. These cash may be invested into large-cap EU finanical groups, DTLY-F analyst added.
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