Thread regarding Weatherford International Ltd. layoffs

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All time Lowest?

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| 1371 views | | 5 replies (last March 22, 2018) | Reply
Post ID: @OP+SghaI2F

5 replies (most recent on top)

Get over yourself. It was much lower in the 1990s

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Post ID: @3ozj+SghaI2F

Once it goes below $1.99, it will be de-listed and go to the pink sheets. And that will cause some bank debt redemption, on the debt that is convertible. Because the banks won't have any recourse. And that will drive WFT into chapter 11. Board of Directors and executives will get golden parachutes and everyone else holding the stock will get the bend over treatment.

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Post ID: @2oxm+SghaI2F

Checked a WFT chart back to early 1990. The lowest price was $1.03.

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Post ID: @2jxw+SghaI2F

Once it hits 1.99 look for bankruptcy.

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Post ID: @vwg+SghaI2F

$2.44 as of today. I wonder how low we will fall before delisting/bankruptcy.

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Post ID: @kup+SghaI2F

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