Replies to post #229 on Weatherford International Ltd fka WFTQ

[Timothy Smith]

About 7% of the funds I track hold long positions in this oil well servicer, and the company has seen a whopping seven different insiders purchasing stock over the past three months.

Since Sr. VP Joseph Henry began this activity in mid-November, shares of Weatherford have gained 42.2%.

This massive appreciation has rewarded mega-hedge fund managers like Dan Loeb and Steven Cohen, and the stock offers value at 1.2 times book and 0.7 times sales.

[Timothy Smith]

$WFT - Bullish considerations - Higher revenue growth (3 year average) of 19.9 (vs. the industry average of 6.5)

Lower P/B and P/S of 1.0 and 0.6 (vs. the industry averages of 2.1 and 1.5)

Lower Forward P/E of 9.0 (vs. the S&P 500's average of 13.9)

Technically, the MACD (12, 26, 9) indicator is showing a slightly bearish trend. RSI (14) is indicating a bearish lean at 40.40.

WFT is currently trading below its 50-day MA of $12.32 and 200-day MA of $11.96.