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Created: 10/03/2007 05:08:53 PM - Followers: 39 - Board type: Free - Posts Today: 0


Company is bankrupt, and its common stock will be cancelled as part of the "pre-packaged" restructuring plan.
See this 8K issued by the company:
https://ih.advfn.com/stock-market/NYSE/mcdermott-MDR/stock-news/81567197/current-report-filing-8-k

This excerpt from the 8K is all anybody needs to know (equity interest is the common stock):
each existing equity interest in the Company shall be cancelled, released and extinguished without any distribution.
Volume:
Day Range:
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Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
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#1850
SEC Rule 15c2-11, if they come out with shanon1 06/02/2022 03:44:16 PM
#1849
So got message a while back that I shanon1 05/27/2022 03:49:06 PM
#1848 Big money! Big money! Too bad dickson got ccrules789 07/22/2021 10:11:44 AM
#1847 Good riddance to a crook and thief and ccrules789 06/08/2021 11:10:51 PM
#1846 Up a penny, take your profits! ccrules789 04/30/2021 11:04:54 AM
#1845 Another suit coming, just a matter of time now. ccrules789 04/29/2021 03:08:02 PM
#1844 any idea why steven romick's fpa cresecent fund theseeker1123 04/27/2021 10:16:35 AM
#1843 will be eating more---------------at ROLLBACK daRIM....Or............. ernie44 04/16/2021 03:29:45 PM
#1842 "the Boys" preparing for another round of bonus money. ccrules789 04/06/2021 04:03:11 PM
#1841 move along nothing to see here. ccrules789 03/19/2021 07:16:10 PM
#1840 another 500mm cash infusion going away... ccrules789 03/07/2021 11:13:14 PM
#1839 down down down ccrules789 03/02/2021 03:26:39 PM
#1838 junk junk junk ccrules789 01/25/2021 10:40:27 AM
#1837 Up to a buck, bridge to 2022 here ccrules789 01/15/2021 10:11:58 AM
#1836 trades under Mctrash, swirling the drain. ccrules789 01/07/2021 09:00:56 AM
#1835 trades under MDRIQ ernie44 12/11/2020 09:14:38 AM
#1834 Another bankruptcy looming. ccrules789 12/03/2020 09:25:59 AM
#1833 Not a chance, sinking ship. ccrules789 12/02/2020 02:41:01 PM
#1832 WOULD anyone buy a share at these prices ernie44 08/01/2020 12:00:59 PM
#1831 Didn't see the whites of their eyes --they ernie44 07/16/2020 12:26:22 PM
#1830 The question of whether existing shareholders will receive Slojab 07/10/2020 11:44:01 PM
#1829 McDermott International Inc, ticker MCDIF, added to the OTC. Renee 07/10/2020 05:32:23 PM
#1828 Yeah. And the British aren't really coming. (-: Slojab 07/01/2020 09:58:15 AM
#1827 Too bad we didn’t see that coming...... trader59 07/01/2020 07:36:53 AM
#1826 It wouldn't surprise me one bit. Slojab 06/30/2020 07:20:47 PM
#1825 Ya, but Twitter will still be hoppin' on Renee 06/30/2020 07:09:54 PM
#1824 I'm guessing it'll be a rather slow day Slojab 06/30/2020 07:06:54 PM
#1823 MDRIQ: BK PLAN effective. All shares cancelled. ***over Renee 06/30/2020 07:04:36 PM
#1822 its still tradin at more than I dumped ernie44 06/12/2020 11:52:47 AM
#1821 even if there is a dead-cat bounce and ernie44 06/09/2020 12:19:56 PM
#1820 Bullish chart, great momentum. Big Gains Only 06/09/2020 09:09:10 AM
#1819 Bullish? The common stock will be cancelled. trader59 06/09/2020 07:32:32 AM
#1818 Are we bullish here friend? Penny chatter 06/08/2020 10:57:54 PM
#1817 CHK is the other Yooo 06/08/2020 10:40:49 PM
#1816 Don’t know the first, but Hertz just went trader59 06/08/2020 10:08:27 PM
#1815 That’s what they said about CH* that’s now Yooo 06/08/2020 10:06:19 PM
#1814 The run is a result of a Twitter trader59 06/08/2020 04:34:03 PM
#1813 Why is 'THE RUN' even happening? StihlsawsRule 06/08/2020 03:24:02 PM
#1812 When (not if) this stock gets cancelled, there’s trader59 06/08/2020 02:51:40 PM
#1811 Waste of time---np pre-market ernie44 06/08/2020 06:44:00 AM
#1810 I don't think so too. But let's see PAC 06/06/2020 01:36:03 PM
#1809 just to trade it.. in and out the investisseur101 06/05/2020 10:01:54 PM
#1808 That makes no sense at all. Slojab 06/05/2020 12:23:44 AM
#1806 take the trading high and low in a ernie44 06/03/2020 04:24:52 PM
#1805 How is "fair price" determined on a stock Slojab 06/03/2020 03:48:25 PM
#1804 Stock will be cancelled, investors will lose 100%. trader59 06/03/2020 11:47:48 AM
#1803 Not happy with some Analysts that are too anal ernie44 06/03/2020 10:14:57 AM
#1802 Yeah, kinda like that, only most who play trader59 06/02/2020 07:55:05 PM
#1801 more like RUSSIAN ROULETTE ernie44 06/02/2020 07:52:25 PM
#1800 Thanks dude - you said it a million SC777 06/02/2020 05:50:10 PM
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