My own feelings on cherry is why stain such a beautiful wood. You are trying to speed up nature's process, but it never comes out as good.
Two coats of EK real linseed oil, allow to dry completley then finish with either more of his oil or tung oil. Hang it on the wall in direct sun for a few weeks or all summer, rotating regularly, and you will have the richest natural deep red color you could ask for.
I just finished a cherry gun. When I strarted it last summer I put a piece of the scrap cut off the forearm, with just one coat of oil on it, on a window sill. I left it there all summer. May be hard to believe but the up side compared to the down side does not even look like the same piece of wood. I'll take a picture tomorrow if I'm home from work before dark.
Just my feelings.
Bill