Middletown Forum : Is AKS for Sale? http://www.middletownusa.com/forum/ This is an XML content feed of; Middletown Forum : AK Steel in Middletown, Ohio : Is AKS for Sale? Mon, 05 Oct 2026 17:41:29 +0000 Fri, 13 Jul 2012 03:31:15 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 10.12 360 www.middletownusa.com/forum/RSS_post_feed.asp?TID=2763 Middletown Forum http://middletownusa.com/images/blog-logo.jpg http://www.middletownusa.com/forum/ Is AKS for Sale? : it was a company from Brazil that... http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=33976&title=is-aks-for-sale#33976 Author: Leraroachs
Subject: 2763
Posted: Jul 13 2012 at 3:31am

it was a company from Brazil that was looking to buy.]]> Fri, 13 Jul 2012 03:31:15 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=33976&title=is-aks-for-sale#33976 Is AKS for Sale? : Mike_Presta wrote:I have no... http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17173&title=is-aks-for-sale#17173 Author: Hermes
Subject: 2763
Posted: Mar 06 2010 at 11:00am

Originally posted by Mike_Presta Mike_Presta wrote:

I have no idea whether a deal for AKS is in the works or not, but consider this:
 
About three weeks ago, Jim Wainscott (AKS's CEO) sold 98,000 shares at less that $22/share, for a total of over $2 million dollars.  CEOs seldom do this when a sale is in the works as the stock would be expected to RISE!!
 
(AKS closed today at over $24)
 
You also know that when a CEO starts dumping stock that is never a good sign ! Usually when a CEO dumps stock that means something is wrong. And speculation of a sale doesn't necessarily mean that stock price will rise because there are several variables to consider.
 
As of March 4th AK stock was up 4.2% on speculation of  a sale which doesn't make sense for Wainscott to have sold 98,000 shares when he did. So either Wainscott is in trouble and needed the cash or he knows something no one else does.
 
Companhia Siderurgica Nacional is the rumored Brazilian company looking to buy.
]]> Sat, 06 Mar 2010 11:00:57 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17173&title=is-aks-for-sale#17173 Is AKS for Sale? : Mike beat me to the punch, I was... http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17166&title=is-aks-for-sale#17166 Author: acclaro
Subject: 2763
Posted: Mar 05 2010 at 7:38pm

Mike beat me to the punch, I was going to post the same staement earlier but was tied up. That doesn't mean there is interest, but unlikely for the reasons Mike stated. They'd rather be the buyer as well, not bought. ]]> Fri, 05 Mar 2010 19:38:38 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17166&title=is-aks-for-sale#17166 Is AKS for Sale? : I have no idea whether a deal... http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17163&title=is-aks-for-sale#17163 Author: Mike_Presta
Subject: 2763
Posted: Mar 05 2010 at 5:32pm

I have no idea whether a deal for AKS is in the works or not, but consider this:
 
About three weeks ago, Jim Wainscott (AKS's CEO) sold 98,000 shares at less that $22/share, for a total of over $2 million dollars.  CEOs seldom do this when a sale is in the works as the stock would be expected to RISE!!
 
(AKS closed today at over $24)
]]> Fri, 05 Mar 2010 17:32:10 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17163&title=is-aks-for-sale#17163 Is AKS for Sale? : U.S. Steel ? The media said this... http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17151&title=is-aks-for-sale#17151 Author: Hermes
Subject: 2763
Posted: Mar 05 2010 at 11:48am

U.S. Steel ? The media said this morning it was a company from Brazil that was looking to buy.
 
Is this Brazilian company the same as U.S. Steel ?
]]> Fri, 05 Mar 2010 11:48:31 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17151&title=is-aks-for-sale#17151 Is AKS for Sale? : "“There’s renewed takeover... http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17149&title=is-aks-for-sale#17149 Author: John Beagle
Subject: 2763
Posted: Mar 05 2010 at 9:31am

"“There’s renewed takeover speculation, which pops up in this sector every once in a while,” said Frederic Ruffy, senior options strategist at WhatsTrading.com, a New York-based provider of options-market analysis. “These are short-term bets by investors hoping there may be an announcement imminent because the March options expire in two weeks and that’s where the activity is.”
 - source Business Week
 
US Steel (X) to buy AK Steel (AKS)? Maybe, maybe not. But there was a good amount of speculation surrounding the spike in shares and general activity Thursday. - source: The Street.

Either someone is blowing smoke or something is in the works.-Source: Me
 
]]> Fri, 05 Mar 2010 09:31:53 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=2763&PID=17149&title=is-aks-for-sale#17149