I realize that many are in this or out thinking they can game the swings as somehow the short sides are trying to hold it back and somewhat succeeding.
But there is also a large group who see excellent performance here. The eps of MERC is better than 90% of the issues that Cramer pumps nightly and some of those stocks are 5 X's Higher. yeah Cramer gave it the bull sign, but he did not capture the essense of how this company has emerged to becoming not just a solid company BUT a DYNAMO cash producing COW now and in the future! This should be at least a $22 stock right now.
In closing, since Merc can't seem to get on the radar, I think they should issue about a regular quarterly dividend , start out with a nickel paid on a quarterly basis for 20 cent yearly dividend.
They need to reward investors who are staying long minded and not trading these market jigs n jives. In addition, it would put MERC on new institutional radar screens. This is all my humble opinion.
Well, it scared everyone else, as not one buyer nibbled at $12.30. I think it's getting ready for the next leg down. I haven't decided yet if I want to buy at $11.25 or $10.50. I'll let you know as soon as I do.