McDermott International Inc. (MCDIF)

[jugs]

Good for you! I love hearing that investors aren't reluctant to take profits, so often we learn of the reverse and watch the investor drown in tears, needlessly.

Today I sold off about 2,700 shares in order to avoid using margin. There was so much commotion over ALDW and I had to trust my instincts with that one. It's not often I have my sights on a stock pick showing a 18% drop ON NO NEWS! I had to add strongly which I did. Still holding about 7,300 shares of MDR and shares sold today were done so with nice gains included, I'm happy to report.

MDR's time will come, we all know it. We know how fine the company is, as well as its leadership and also directions being taken. What we don't know, of course, is when the stock will pop. I expect to restore my earlier position of 10,000 shares before this pick of our takes off for higher environs. Meanwhile, I hold my breath and try to remain focused on the larger picture.