In edit, in CCMP here at $39.35 and MERQ at $30.48, start of the lunch deployment...
The short position, the fact that the negative comments in Barron's barely scratched it and the fact that its relative strength is better than most other, so on bounces, momo money and shorts provide huge support. It has to break about $65.5 to be a good short (but still a dangerous snorter, IMTO).
Zeev