McDermott International Inc. (MCDIF)

[trader59]

Once again, the plan approved on March 12, 2020 (my bad on the date) by the bankruptcy judge cancels the common stock with no compensation. Period. They're in the implementation phase, had a list of creditors to deal with, and had to distribute some new equity to several of them. It is simply a matter of time, but whoever holds this stock when the music stops will lose 100% of their investment.