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S&P 500: 1,340.35 Change: -0.84%
Vet67to82
P&P Score: 29.13 | Points: -21.00 | Accuracy: 69.88 | Average Pick Score: -1.27   Annual Return: N/A  
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BUY: A K STEEL HLDG CORP (AKS) Rating: 3
Start Price: $19.55
Points: -81.01
Created: 11/27/2009
Dubai's efforts to postpone its debt repayments, making the dollar stronger, commodities weaker ... are external to AKS ... and I anticipate temporary

gotta love great stocks ... on sale ... on a short market day

3 Comment(s):

Author Vet67to82     Date 2009-11-29 16:57:07
As more news hits the street, it appears Dubai is merely looking to "buy time" in seeking to delay debt repayment ... it's a potential benefit to the market as an orderly disposal of assets, instead of a forced "fire sale" is a benefit to Dubai, the debt holders, and the global markets.
Author Vet67to82     Date 2009-12-09 16:24:00
Todays' action is on AKS's posting of a $30 per ton increase in product prices based on increased costs, and DEMAND. Clearly, AKS feels confident in raising prices, both to recover costs ... and to take advantage of rising demand. This is another piece in the puzzling question : Is the USA economy improving? Looks like the answer is yes ...
Author Vet67to82     Date 2010-05-23 17:18:10
AK Steel Holding (AKS) Potential to Pop: 54.7%
Mean Price Target: $21.29
Closing Price (5/21): $13.76

Number of Analysts: 7
High Estimate: $24
Low Estimate: $18
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