Thread regarding McDermott International Inc. layoffs

Institutional Investors lost over 90 percent value, many are selling

Date Stock Price
15-Nov 0.6
Holder Shares Date Reported % Out Value Avg share prchase price Nov 15 Value Loss Loss Percentage
Blackrock Inc. 27,645,245 29-Sep-19 15.20% 55,843,394 2.02 16,587,147 (39,256,247) 0.70
Vanguard Group, Inc. (The) 16,279,330 29-Jun-19 8.95% 157,258,327 9.66 9,767,598 (147,490,729) 0.94
Kingstown Capital Management L.P. 8,000,000 29-Jun-19 4.40% 77,280,000 9.66 4,800,000 (72,480,000) 0.94
Fairpointe Capital LLC 7,066,807 29-Jun-19 3.89% 68,265,355 9.66 4,240,084 (64,025,271) 0.94
Dimensional Fund Advisors LP 7,053,721 29-Sep-19 3.88% 14,248,516 2.02 4,232,233 (10,016,283) 0.70
State Street Corporation 6,880,796 29-Jun-19 3.78% 66,468,489 9.66 4,128,478 (62,340,011) 0.94
Luminus Management, LLC 6,760,941 29-Jun-19 3.72% 65,310,690 9.66 4,056,565 (61,254,125) 0.94
Lsv Asset Management 5,211,330 29-Sep-19 2.87% 10,526,886 2.02 3,126,798 (7,400,088) 0.70
Shaw D.E. & Co., Inc. 4,468,165 29-Jun-19 2.46% 43,162,473 9.66 2,680,899 (40,481,574) 0.94
Hotchkis & Wiley Capital Management, LLC 4,446,311 29-Sep-19 2.45% 8,981,548 2.02 2,667,787 (6,313,761) 0.70
93,812,646 567,345,678 (511,058,090) 0.90

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Post ID: @122PmwWz

5 replies (most recent on top)

more than 1 institution is selling. SEC filing shows one of our major shareholders is "disposing"...

http://d18rn0p25nwr6d.cloudfront.net/CIK-0000708819/953d0d81-2e00-4551-aa41-95cff9d4fa54.pdf

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Post ID: @122PmwWz-akcw

Only 1 actually sold?
Goddamn these people are stupid!

I guess once the guy that you were hired to replace lost $511,058,090.27 before he got fired, what's another $56,734,567.18? Hardly worth the bother. Just keep checking your Instagram feed, you f—ing mo–ns.

Can...can we replace these mouth breathing carbon units with A I ?
I mean, can it possibly be worse?

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Post ID: @122PmwWz-6sbi

Only 1 institution has sold

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Post ID: @122PmwWz-5vch

This is great info. What's the source?

Not my OP but look at the parens. That's the loss. The number after that is the loss as a percentage of the purchase price.

These guys didn't see this coming? Why? Cause they weren't following this board.

These are the people you are entrusting your retirement savings with. And they are entrusting it with Mngt. And Mngt is paying themselves retention bonuses. What's wrong with this picture?

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Post ID: @122PmwWz-1qxc

these numbers mean nothing, unless you tell us what they mean. you forgot column names, genius.

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Post ID: @122PmwWz-fpu

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