McDermott International (NYSE:MDR)

CAPS Rating: 3 out of 5

An engineering and construction company, McDermott focuses on work for the offshore oil and gas industry.


Player Avatar magicman10 (< 20) Submitted: 8/23/2007 11:01:31 AM : Underperform Start Price: $21.87 MDR Score: +120.19

MDR has had their PR cover-up very important problems within stock and when a stock does this-IT IS A HANDS OFF POLICY TO ME-"who knows what else they can HIDE". If a stock is not forthright and they get caught-which they usually do-THIS IS A ""BAD"" reflection upon them. I,imo, recommend a bigtime "SELL" based on present and previous actions of their PR. Burn me once, shame on me-burn me twice, shame on you. DON'T TOUCH THIS STOCK EVEN WITH SOMEONE ELSE' MONEY. imo

Report this Post 8 Replies
Member Avatar chk999 (99.98) Submitted: 9/11/2007 11:12:53 AM
Recs: 1

How's this policy working out for you?

Member Avatar SidBord (38.29) Submitted: 9/12/2007 5:35:40 PM
Recs: 0

What are the details of the stock problems coverup? What is your information source?

Member Avatar eslough (24.42) Submitted: 9/28/2007 4:32:25 PM
Recs: 0

This seems like a very odd comment. What is it that you are talking about??? No one else seems to know what it is that you are speaking about ...

Member Avatar 20MalbecRoble05 (36.41) Submitted: 11/9/2007 5:58:05 PM
Recs: 0

Yeah, what's up with the magicman? We'd like some more detail on this possibly important info.

Member Avatar MFIwatcher (< 20) Submitted: 12/16/2007 11:30:32 AM
Recs: 4

Click on magicman10's name and one sees that he has only ever rated ONE stock. That's right, folks, it is MDR. I would tend to discount his input as possibly being someone who has a gripe against the company and not as a carefully-made assessment.

Member Avatar TheParadox (92.14) Submitted: 6/21/2008 12:07:13 AM
Recs: 0

lol, whoops...that's funny, for a second i was hoping he would have something very valuable... information. What a great contributor to CAPS.

Member Avatar acmejeff (< 20) Submitted: 12/2/2008 8:32:19 AM
Recs: 0

Perhaps he was in the know about this class action being filed in the courts. I was going to buy into this stock until I saw that bit of news. Magicman10 looks to have been bashing at the time but now I wonder.

Member Avatar DaveMcC3300 (< 20) Submitted: 12/18/2008 4:25:49 PM
Recs: 0

Stll looks like Magicman had a grudge. MDR is his only pick and he doesn't tell us what he likes: and I'd actually like to know!Dave

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