I bought WFT last week. Before you start criticising me, hear me out.
I know WTF has been characterized as the trash stock with no potential,especially after its ch 11 proceedings I still see some potential here. The company looks to be out of the woods to a degree with the new leadership and it has proved that it can generate profit even in these circumstances.
Just to be clear, I’m not saying that I bought a lot of stock an put a lot of money into it,and neither should anybody else, but it is not a good idea to put some money into it and hope that the rise trend continues. I think the rise will not happen soon nor quickly, but it could happen in a year or two with the effort of the new leadership and as business picks up in this sector. In any case I don’t see it sinking again any time soon.