McDermott International Inc. (MCDIF)

[kmx_swing]

Earnings are the question mark, respectively material changes......therefore we will stay between $8.00-$9.50 till 24th February.... Deep pocket shorts were covering on up days with volume over 6million... they can always come back after earnings.

$8.00-$9.50 is the range where insiders were heavily buying.... Retail shorts who are shorting now will get very probably burnt...as they are betting against CEO David Dickson...they are betting that he has changed... While I bet he is still the same guy who can really well calculate bids and who turned around McDermott and now will do the same with CBI... After earnings we jump 20%..not sure from what basis, but far above $10...and then slowly but steadily up... cash flow positive latest in the second half 2019 legacy projects inclusive...