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AK Steel Holding Corporation Message Board

  • georgejabbs georgejabbs Jun 23, 2013 10:00 PM Flag

    Why Hold AKS (Reason #6)

    Because AKS stock should be at $2.50 or lower after what happened to markets last week. We got HAMMERED! But look at AKS. A mere 30-to-40 cent drop over the last week of other stocks losing huge. It's unbelievable that we are still above $3! That should tell you something.

    It should be abundantly clear now that the HOPE that retail investors hold this stock is not just hope. Folks REALLY are holding! The short sellers have failed to convince you to sell, and the fact that the same folks have been re-elected to their posts only shows that this company DOES have a future. As a shareholder, you want to be a part of that future. If you sell into any fear spread by those hired by Goldman Sachs, then you will be left out. Not to mention that you will be experiencing losses. It is also abundantly clear that Goldman Sachs maintains a stubborn unwillingness to take this stock lower, because they also are aware that people like me are waiting on the sidelines to buy more shares.

    Be even more stubborn than them as you keep holding this stock. Put all your share on GTC sell orders at $15+. And buy if they bring the stock below $3.

    Sentiment: Hold

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