According to https://www.macroaxis.com
There is a 54% chance WFT will go Bankruptcy.
Good luck guys.
7 replies (most recent on top)
If you follow macro-axis, this isn't a new number. Weatherford has been in the 40-60% range for years. Further, bankruptcy doesn't usually mean going under Enron-style. It usually means restructuring, which isn't good but it isn't out of business either.
Ya weatherford is totally going bankrupt bro. Hiring 8 people in the last 3 months to keep up with all the work in my yard alone was just for laughs before we go under.
Don't worry. Schlumberger will buy WFT. Then, of course, it will destroy WFT.
Watch your language!
I've actually calculated it too, I believe the chance for bankruptcy is only 53.227%.
F--- off!!! How many times have we heard this!!!
Bankruptcy would be a relief. We could finally find out where we stand in the restructure and move on from there.