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Mercer International Inc. Message Board

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  • peter_norths_proctologist peter_norths_proctologist Apr 29, 2011 3:50 PM Flag

    This stock was $12.18 day before last earnings came out

    "...Only thing I can think of is that earnings/costs will disappoint and a large seller knows about it."

    That's a distinct possibility. The elephant in the room, so to speak.

    The only question now is will I get to buy more shares at $11, $10, or $9? Or will I even want to?

    The good news is that the 200-dma is currently $8.19 and rising. That should provide pretty good support in a downdraft.

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