This MDCO sure has been hammered. Setting the chart for three years
time span indicates MDCO may bottom out at the $8.00 level before
bottom fishing props up the stock. The LEAPs are dirt cheap. If and
when the oil industry recovers the LEAPs will be a gold mine for
capital appreciation and CCing for fantastic rates of return.
bigcharts.com
LATEST NEWS
Figure this out! Here is a stock making a profit and still is being
hammered. You don't have to wonder if the stock market makes any
sense. Internet stocks go through the sky on wishing thinking about
earnings and stocks like MDCO go down the tubes making profits.
Imagine if you worked for them and got paid in shares of stock.
biz.yahoo.com
P/E VALUE
NASDAQ: (MDCO : $9 13/32) $488 million Market Cap at August 5, 1998
Trades at a 20% Discount PE Multiple of 7.2 X, vs. the 9.0 X average
multiple at which the Drilling & Marine Supply SubIndustry is priced.
MDCO LEAPs ARE NEW
biz.yahoo.com
NOT MUCH SHORT INTEREST
MDCO Marine Drilling Companies Inc
Month Shares Short Avg Daily Volume Ratio* Remark
07/98 942,168 1,398,625 0.67 days
06/98 859,449 1,502,614 0.57 "
05/98 1,116,043 1,604,253 0.70 "
04/98 1,666,947 1,662,924 1.00 "
03/98 1,311,016 1,866,088 0.70 "
02/98 764,539 2,062,313 0.37 " |
