MERC article is interesting and implies it should do well in current qtr, but I saw at bottom of page that Shapiro is short MERC. I guess he intends to liquidate or hold the position until pulp prices start falling precipitously.
"Disclosure: Author is long MERC 8.5% convertible sub debt due Jan 2012 and isshort MERC common stock. Author may buy or sell either of these securities at any time."
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