Good thing AKS actually BEAT on the last two earnings reports and has better cash flow going forward. Should be over the $7.50 it was two reports ago.
Maybe because they don't have crystal balls to see the future. If you do have one (that is accurate) then you should do well in the market.
Steel prices falling in the first quarter was hardly new news. I don't really understand the current move in the stock unless people somehow thought AKS (et. al.) were going to be immune. Leave it to me to over-estimate people's intelligence once again.
Political solutions take forever to negotiate and implement. Most folks here probably don't have a five year investment horizon on this company. I still say that a management led LBO makes a lot of sense for the managers. I doubt it will happen but a guy can keep hoping, yes?
Still seems to be true. I am getting to the point where I hate the day I first bought into this company. So many other opportunities out there and this stock trends down relentlessly.
Well what do you know. From being down 3% to being up a percent now as I write this posting. I will bump this post every day (and look like an idiot) if AKS swings up 4% each day.
I was being sarcastic and frustrated at the stock price movement. If steel prices are moving up then that just started very recently. Got a long ways to go to get back to that humble $7.50 level from two earnings announcements ago.
Because they are out to get you. Yahoo closed the message board to everyone just so it could cause an inconvenience to you. You must be pretty important!
Commodity prices vary. Lately the price direction has been down. It will swing back up again (it always does). Then AKS will look like a star!
Political solutions take forever to play out. Talk is cheap. We'll have to wait to see how any talks turn out.
Surely it has to be more than oil prices stabilizing. Ironic that the stock was trading at $4.20 when the company came out with a sad earnings pre-announcement... and then next day a no-name analyst downgraded the stock... and now it is trading nearly 5% higher!
I did see that news after I made my posting. With the market weakening, do you suppose AKS can hold on to green today?
Difference of opinion I guess... I unloaded everything at $4.43 and bought some back in on the close at $4.30. If oil continues to go up then I miss out. Ironic that you are in at $4.40 and worried about it going down while I am out at $4.43 and worried about it going higher without me. I guess that's what makes a market!
Hope you were able to get out at $4.40 this morning. You know it might be another year before it gets back up there.
Things are looking better now for the company with the plant maintenance already done and the plant producing. Why not go from nearly $4.50 to $6.50 in the same kind of two weeks? It could happen.
Even if the earnings are just as pre-announced, the improving business environment for steel prices (oil prices) might just allow them to guide higher. Expectations are so low anyway that it wouldn't take much to allow for a guide up.
If you are going to trade for pennies then you need to have enough money in the account to buy a volume of shares. Come on. 100 shares and you are griping because the stock is flat after two days? You must be a college kid posting and trying to make trades between classes.