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ArcelorMittal Message Board

bushburn 2 posts  |  Last Activity: Jan 29, 2015 4:49 PM Member since: May 18, 2000
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  • bushburn bushburn Jan 29, 2015 4:49 PM Flag

    Great posting. I also can't believe the stock price retreating with all the positive things that are turning around for AKS . Hold on and we will be rewarded.

  • How much more can AKS's stock price retreat. If it went bankrupt the short sellers would have $3.74 in possible profit. After all, it can't go below 0. There is far greater upward potential in this stock. than the shorts realize. Check the bond prices of AK Steel. They have retreated from $103.00 down to around $85 during the stocks retreat from $11.3., but the percentage that the stock has lost is by far much more percentage wise than the.bonds. I think with some good guidance from the company, we can easily be around $6 - $7 by mid summer. That could be a 100% profit from its current levels.

    Sentiment: Buy

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