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MDR Earnings Report

HAVING TROUBLE PRINTING?
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INFORMATION BLOG ONLY - NO ACTION IS NEEDED

No matter how you try sometimes you get an earnings report or two in the RECOMMENDED LIST. As I have stated on numerous occassions it is not my philosophy to hold stocks that have earnings due before expiration ( unless I have a strong feeling on how the numbers should play out. ) MDR is one of those companies that we hold that released earnings.

The after-hours numbers show the stock up over $3.45 based on the doubling of earnings and beating Wall street estimates.

I just wanted to let subcribers I know this is an issue that we hold that has annouced earnings and we normally do not hold position over earnings reports unless is a strong possibility of beating Wall street numbers. ( MDR would be an exception and not the rule in regards to issues reporting - we try and stay away from them as much as possible.

McDermott net income doubles to beat Wall Street