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Started By
Message
re: Back in MDR.........
Posted on 12/1/19 at 8:21 am to Jag_Warrior
Posted on 12/1/19 at 8:21 am to Jag_Warrior
It’s going to go up soon. I just don’t know how long I would ride it.
0
Posted on 12/1/19 at 9:39 am to Jjdoc
Just put a bid in for shares at $.80. My investment wasn't much so if it drops more I'm not out much. McDermott has been around for a while (my uncle was their chief pilot for years), even if they don't pull out of this downward spiral I think someone would buy them out and pay more than .80 per share.
Posted on 12/18/19 at 4:24 pm to Bard
I've been watching this ever since I bought at .80 (I bought a bit more at .73). It started at .77 this morning and looks to close at 1.08. 
Posted on 12/18/19 at 4:39 pm to Bard
I played this game with the National Bank of Greece and I learned my lesson.. the hard way. Hard pass for me.
Posted on 12/18/19 at 6:46 pm to Bard
quote:
I've been watching this ever since I bought at .80 (I bought a bit more at .73). It started at .77 this morning and looks to close at 1.08.
Yep. I have Calls in Jan, July, and Jan'21. All of those are in between $1 and $2 strikes. They July and Jan 21, I purchased when the stock was at .60
Posted on 12/30/19 at 2:23 pm to Jjdoc
quote:
Engineering Company McDermott in Bankruptcy Talks With Lenders
HPS Investment and Baupost in talks to provide McDermott with a bankruptcy loan of around $2 billion
quote:
The Houston-based engineering and construction company has struggled this year after it reported losses on some big liquefied natural gas construction projects. A group of lenders led by HPS Investment Partners and Baupost Group LLC are in talks to provide a loan of around $2 billion to keep the company’s operations running during bankruptcy, the people also said.
...
Posted on 12/30/19 at 3:05 pm to castorinho
Yeah, my stops loss kicked in. I had moved it up to $1.50 when it crossed it.
What's really laughable though is that today at 11:29.. today.. 4600 puts in 1 order was placed at the $1 strike.
After it dropped below that, an order for Jan calls was place.... 2,499 calls. for a $2 strike.
All based upon 1 story with literally a unnamed source.
True or not isn't really the issue. Somebody new that story was coming out.
What's really laughable though is that today at 11:29.. today.. 4600 puts in 1 order was placed at the $1 strike.
After it dropped below that, an order for Jan calls was place.... 2,499 calls. for a $2 strike.
All based upon 1 story with literally a unnamed source.
True or not isn't really the issue. Somebody new that story was coming out.
Posted on 12/30/19 at 3:10 pm to Jjdoc
I'm sure the SEC will be all over it
Posted on 12/30/19 at 6:14 pm to Jjdoc
I'm thinking about doing something really dumb and buying like 5,000 shares if it hits .50 again
Posted on 12/30/19 at 11:37 pm to castorinho
Lol... no they wont. shite like that happens all the time.
Posted on 12/31/19 at 4:33 pm to Jjdoc
Is MDR just a pump and dump stock now?
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