Wednesday, August 22, 2007

Trio of infrastructure plays ramping nicely

TweetThis
Finally McDermott (MDR) decided to join the party, up 7% - perhaps the forced selling by the hedge funds in this name is finally over.

MDR up 7%
FWLT up 7%
PCR up 5.5%

Nice to see sense return to the market. If MDR tags up to $90 or so I will probably lighten a bit but valuation wise its a value up to $110+ so hard to take much off the table.

Long MDR

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.


Site by codeeo
Original WP Premium theme by WP Remix