Management or not, be worried
17 replies (most recent on top)
Hey one good thing about low oil prices is very cheap gas. It like getting a tax break all over again! Trump will help keep prices low.
Weatherfart is a dumb name anyway. Why dont you just call it expensive f– ups r us.
Never mind about WFT, the whole f^cking financial system is creaking. We are on the brink of total financial collapse if this continues next week. We are witnessing Great Depression type volatility, this is history in the making. Watch for the stock markets closing for a bank holiday, if that happens it’s game over. Then, if your bank even survives, it will start restricting how much money you can take out of your account each day. The health crisis led to an economic crisis which is going to give us a thunderous financial crisis. Never forget, the root cause is the debt levels. The root cause is NOT the virus, it IS the debt.
Time to go back into bankruptcy. Polish the t–d some more.
Ok this has gone beyond reason now. You need to shut it down while you still can. Youre taking a bunch of liability and not making any money
Not just oil that’s down 30% the new WFTIQ shares are going down faster than a brick balloon, they’ll be at penny stocks again if we don’t go out of business before then
Teehee you rascal
By levers you mean erasers and scratch outs on the books, right?
You know mr. DUROC-DANNER COULD HAVE SAVED THIS THING. Bdd was the one that knew which levers to pull. No one else can keep wft alive
Not for completions! Half days or less for the past 5 years, collecting paycheques for doing nothing!
They didn’t give a damn when I got laid off and I was a great worker.
Not looking good for the home team. Chapter 11 should have been filed after BDD was shown the door so that a new CEO and board could have a clear runway. Instead they brought in consultants and wasted the small amount of time left with the doomed transformation initiative. This slow motion train wreck may finally be at its end. Good luck to those still onboard.
That’s it for WFT. Hard to believe it can survive this last punch
The trouble is that weatherford management are great when it comes to knee jerk reactions , expect lay offs soon.
Markets worldwide are in free fall. Yes, I would agree to be worried. Very worried. This will pass, but WFT is such a weak company.
Also. The treasuries breached the 1% marker. Yep. I’m concerned.
not a hoax and nothing is under control - that's why markets panic
- hoax
- we got this under control