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Mercer International Inc. Message Board

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  • peter_norths_proctologist peter_norths_proctologist Jun 8, 2011 12:41 PM Flag

    maybe they are cooking the books?

    Not likely, but anything is possible. If you're worried about it, I suggest buying protective puts until this mess blows over. I'd recommend the August $12.50 puts under $2.00. This gives you most of the summer to benefit from a broad market swoon, and gets you out in time before Q2 earnings which should be a good report.

 
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11.42-0.04(-0.35%)Aug 28 4:00 PMEDT