Insiders keep buying. Lower input cost, energy and pension cost make AKS a great deal going forward.
Insiders keep buying because long term this is a steel. I said anything below $3 is a deal. Now anything on the way up is a deal. Shorts are not going to let it go straight up as proof by Fridays action. Use any pull back to load up..
Big upgrade Friday and the stock was down. This is Citi and the hedges working the short side.
Trades and shorts are pushing this around. Next qrt earnings will be much improved as will EBITDA. Willl be back to $5 by years end.
Now's the time to load up.... 300 million in reduced cost in 2015 and lower input cost. Any trade sanctions and this is back to $6+
AKS should be okay with so many of the input cost at multi year lows. Even with steel prices down, it should be better going forward. huge pension savings and capital spending is way down. Let's hope they didn't;t over hedge at the higher raw material prices. AKS seems to always miss play investments and hedges.
All about forward guidance for the 3rd qrt. That is what will make or break JAKK. No big frozen stuff this year so a more diversified portfolio. Star Wars could be a big boost.