Mercer International | MERC | Long at $0.98Mercer International Inc.BATS:MERCWorthlessViewsMercer International MERC , a highly cyclical stock, is in a pretty bad downtown. With a recent low of $0.75, it's a far cry from the $18.00 high in 2021. I am purely interested in this play for a swing-trade. Insider buying is picking up, it's behaving "nicely" along simple moving averages, and has a history of major downturns followed by meteoric rises. History doesn't always repeat, but it's a gamble I am willing to take knowing the $1.8 billion annual revenue company already suspended the dividend and is implementing debt-reduction initiatives rather than restructuring. Risk is continued drop near $0.50 in the near-term which will be another major position add (unless the company goes under, of course). Stay away if risk averse. TARGETS INTO 2028 $1.25 (+27.6%) $1.40 (+42.9%)