I know it is a hard objective observation, but as the pumpers on this board so accurately have noted, Why will not the insiders buy any shares with their own money. Answer: CDTI is more than fully valued.
No way..............trying to sell at a higher level. Have no interest whatsoever to own more shares of cdti.
Just like before, wishing I would have sold at $2.35. And just like you and GS so eloquently talked among the two of you (now there is a description in need of clinical observation)...............the two of you are already bantering how on any increase in share price it is a sell.
No, you keep these shares with a naked enterprise value of $40 million at today's valuation. CDTI management as completely focked up the valuation of the company, and literally has no way to make money or stay in business. Durafit should of been titled: Duradisaster...................just the like the California retrofit non-event.
Stock is on the move to the downside............
Throw in the 5% increase in US government infrastructure spending, and renewed war supply effort, and clearly AKS is hanging by a thread.
Market Realist will by the end of the day will forecast a global economic collapse because Greece will stick the IMF with some bad paper.................OMG!
No Spanspur, it's all about China. Growth there is forecast for a paltry 7% in 2015. And that is why the government is shutting down their steel mills...........
Nothing like owning a company, a stock, that no one except for bean brain wants to buy..........
Someone just said I could sell half my shares at $2.00. No, the MM would then take that sale for themselves and drop the stock to $1.88............
There is little to no liquidity here.
But no cigar. what a shame, a stock with out liquidity that will show a sizeable per share loss at the next cc.
Forward guidance is for a $.25 to $.42 per share loss. Where to after that? CDTI literally cannot run the secondary pump and dump anymore when it is time to raise more cash. Everyone will be looking to put their stock to the shill underwriter.
My the end of the day it will be somehow, someway be spun that way.............
Throw in off the charts auto sales and somehow, someway Market Realist will tie AKS to the declining situation in Russia...........
Or better yet, if the face of AKS management's positive upbeat forward guidance and #'s, Market Realist will produce a Headline Article wherein they try to set the impression of gloom and doom, regardless of the #'s,
the increasing revenues, increasing per share profitability.
Who does Market Realist work for? Who is paying them? That is the question.......
clearly mentally ill.............where do they come from?
if he is ever going ti have a job he will need to learn how to write,
sounds like another sheltered victim. wants a job, how about starting your own business rather than continue to be a whining slacker victim. what? no real skills, no ambition?
I'll bet you and billy and gs are all the same person........
Oh, what a surprise.
So now that you bimbos received your shares at $2.01 and $2.02 on incredibly low volume, are you happy that the stock closed at $2.00 when the Nasdaq was up, has been up for 9 days straight.
You will love the stock at $1.62...........
BTW GS, I've got it GS, on the next pop, when it sells off, sell before you do.
Does this mean you now love the company, or Billy, are you posting now under your other alias DBTuna? DB, why don't you rap down your entire dilution of the stock prior to the upcoming reverse split which is your constant mantra.
You focked up bill, you posted this under the wrong Yahoo ID. The other do not know you. I unfortunately do...........
You are an American OEM, or a major builder.............do you want to do business with AKS or use chinese #$%$ with a rust factor?
One thing for sure, AKS is here for the future, for the long pull. AKS will ultimately become the largest supplier to the auto industry in North America. These guys are sharp. I have said it before...Wainscott is the best CEO/Chairman in America today, and the rest of the management team is fully capable and engaged. The guys in the mills are also dedicated.
Wow, this Yu guy hasn't picked or had a winner in years...........
So it is pretty clear he is the front man for citi's major short position which is now trapped with no way out.
Who out there wants to fill that buy-to-cover 43,600 Block at $4.31.
Can we count on you Booty Boy? Even that #$%$ believes that shorts will cover at $3.50. Oh doom, oh doom. The what, the stock goes to $19.
Reality is the short sellers are trapped. Their only way out is to steal shares from retail investors, pound it down among themselves wherein even more of them are trapped, or create false narrative and malign the Company in the financial press. $1.60 per share citi boy? Really................so AKS is then FREE? LMAO!
Wainscott and Newport will take of the short sellers soon. If not, they will take the company private. I would.
Because of the false narrative being put out by citi, baron's, and cramer.
How can you forget cramer trying to tie aks to the rebar futures market in china..........
Mccoyeg, what is it that you do not understand about the fundamental situation at aks. Their mills are running strong..........
Go ahead an short some shares, or, sell some of your shares at $4.34 today.
The short sellers know they are trapped. With 49 million shares shorted there is literally no way out for them unless they create artificial commentary for the retail investor to consume. When ciit (oh, what a pity when they get burned with a major gap up)............puts out a forecast of $1.60 per share, and may I add, they are the only ones saying this. 6 or 7 other large analysts and houses predict 77% increase in profitability for AKS in 2015. We have already witnessed what Dearborn did for quarterly revenues which rose to over $2 Billion in the last quarter.
But nonetheless, we have morons and trapped short selling institutions that will attempt to cover by creating more and more false narrative, while casting shadow on AKS. Does anyone really believe that when the CEO/Chairman, the CFO, the primary Accounting Officer, and a slew of other officers peal off millions of $$ out of their own pockets................that some child at citi trying to protect a short position know more about the order book and the cash flows than those that are running the company?
At $1.60....................AKS would have a market capitalization of $283 million. Dearborn alone had $1.2 Billion in renovation. Not to mention all of the other assets and business interests that AKS owns.
And they wonder why people hate Wall Street.....
Dearborn was purchased for (690 million), which is $500 million less than Severstal pumped into the modernization.
Dearborn synergies will add approximately $100 million in annual savings that will flow to the bottomline, double the assessments that were done prior to closing of the deal with Severstal. With 177 million shares outstanding that is a per share savings/potential per share enhanced profitability of about $.59 per share.
Then there is the rest of the company which is performing and producing profits. 80% of Dearborn's production is done with signed contractual agreements.
"On September 16, 2014, in a transaction that is expected to be TRANSFORMATIONAL for the Company, AK Steel acquired Dearborn from Severstal for a cash purchase price of $690.3, net of cash acquired. The acquisition included integrated steel making assets located in Dearborn, Michigan ("Dearborn Works"), the Mountain State Carbon cokemaking facility located in Follansbee, West Virginia, and interest in joint venture that process flat-rolled steel products, as well as net working capital of $282.0, excluding cash. The Company acquired Dearborn to increase scale and enhance its ability to better serve customers, further its automotive strategy, strengthen its carbon steel making footprint and achieve additional operational flexibility"."through the Dearborn acquisition, the Company acquired highly modernized and upgraded steel making equipment and facilities. A large-scale modernization campaign was completed at Dearborn Works in 2011. During the campaign, more than $1.2 BILLION was invested in new state-of-the-art equipment and various operation improvements. The Dearborn Works blast furnace was rebuilt in 2007, and the plant began operating a new pickle line/tandem cold mill and a new hot dip galvanizing line in 2001. In addition to the investment in Dearborn Works, approximately $0.3 Billion was invested in Mountain State Carbon prior to the acquisition. Collectively, the total capital investments made by Severstal in the assets acquired by the Company was approximately $1.4 billion. Included in the acquisition were these modernized assets, as well as Severstal"s interests in several joint ventures."
"The Company originally anticipated annual cost-based synergies in excess of $50.0, with approximately $25.0 expected to be realized in 2015. The Company now believes there is the potential for the annual cost-based synergies for 2015 to nearly double this amount, depending upon sufficient demand for the Company's products".
Yeah Jack you are correct. What's more telling about what the stock is up against is the constant short selling. 5 down days in a row? Because? I guess per share profitability means nothing, positive cash flow means nothing, etc, etc, etc.
Sadly, all these technical chart people, and all the short sellers, merely want the stock down so they can buy shares on the cheap..................