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Mercer International Inc. Message Board

  • peter_norths_proctologist peter_norths_proctologist May 28, 2011 1:06 AM Flag

    Nice close to finish the week

    Popped back above the 50-dma for the second week in a row. The tide is slowly turning up. It either continues higher, ot it will hug the 50-dma until next earnings report. I think the risk of a steep drop is now off the table, unless the market completely tanks. That's my new short-term outlook.

 
MERC
12.09-0.49(-3.90%)Jul 31 4:00 PMEDT