Tuesday, June 2, 2009

Too Late For McDermott

McDermott is a company, whose stock (ticket symbol: MDR) was recommended in Esquire earlier this year. This stock will go up, the mag said. But I was afraid about not having the money after taxes, so I didn't buy shares of it.

MDR's price Jan. 2: 11 bucks

MDR's price now: 23 bucks

Why did I wait?

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