McDermott International Inc. (MCDIF)

[RustingPenny]

I am expecting to see a decent amount of sell off anytime this jumps moving forward. I am sure a lot of nervous investors will jump ship.

I averaged down, but I do not plan to exit. Being that it jumped from mid 60s to nearly a dollar instantly, looks like hitting and closing above a dollar is not out of reach. If anything looks very achievable.

I did not see any news that I considered a pump this morning. Did anyone see anything that would of caused the jump? Only thing I saw new was that their Russia deal was legal, but that didn't seem to be substantial enough for a quick pop.