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McDermott International Inc. Message Board

  • chasserman chasserman Nov 8, 2012 9:51 AM Flag

    2013 Operating Companies Spending Budget

    The spending budgets for 2013 will be published by the Operators shortly. Once it is published then I expect Mdr to rise accordingly. Selling volume for Mdr has dried up significantly these past few months indicating that we have bottomed. Mdr has a high level margin and bespoke business world wide, it should not be ignored at this share price. All the negative has been factored into the share price for a year now including downgrades crap from Cramer lying about the low margins the Mdr works with. No brainer here just keep buying ....I certainly am

    Chas

    Sentiment: Strong Buy

 
MDR
4.75-0.040(-0.84%)May 31 4:02 PMEDT