Analyst downgraded Weatherford International Ltd.

Wings

Analyst downgraded Weatherford International Ltd.
+ V) p& Y8 J2 D  U& ]+ y
5 d( _5 G% }$ D2 W, P. tDTLY-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.

- D/ Q( C, j' m3 a9 A: R- `# Y- 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.