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AK Steel Holding Corporation Message Board

  • georgejabbs georgejabbs Apr 25, 2013 9:22 AM Flag

    I need a construction team

    I've built a floor at $3.05. Basically, if Goldie takes it lower, I am buying back shares. I have my HOLD shares and I have my TRADE shares. With those trade shares, I am planning to trade ranges as you all know, this is not likely going up in a straight line. But in trading those ranges, I am going to profit like the big boys do every day.

    And you can too! So I ask for your help. For those of you who have shares you want to sell into rallies, please sell at markers you've chosen for yourself. Bear in mind the risk, and that is, Goldie may not give you a pullback to buy back those shares and that that sell will most likely be a realized loss when looking at the highest tax lot you match it with. You want the shorts to burn? This is how you add salt to the wounds.

    Together, we can create pressure and when it gets too unbearable, it will pop higher. Now the alternative is to do nothing and hold. That's fine too if you truly and purely are long term. But you will feel frustration when those pullbacks do happen and we return to levels you felt we permanently broke away from. When you have TRADE shares, you will be eager for the pullbacks.

    Finally, as AKS gets on the public radar screen, they will come in. This will be dumb money as they say. DO NOT JOIN THEM AND BUY! Then you are just as dumb. Market makers will pump and dump and you will be once again holding the bag. As I've said before, let the SHORTS do the buying for you. You just park those HOLD shares at $15+ and play with the TRADE shares.

    Have fun and good luck.

    Sentiment: Hold

2.30-0.05(-2.13%)Nov 27 1:00 PMEST