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Will AK Steel revisit 2003 Lows of $2.32?

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John Beagle View Drop Down
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    Posted: Nov 21 2008 at 9:06am
2003 was a tough year for AKS, 2008 has seen a sharper drop in stock price.

From $73 in June, today the stock is opening up at $5.22
John Beagle
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John Beagle View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote John Beagle Quote  Post ReplyReply Direct Link To This Post Posted: Nov 24 2008 at 10:38am
AKS 10.63% to $6.87 up in early trading despite an analyst note that Steel industry outlook looks 'dim'
 
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spiderjohn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote spiderjohn Quote  Post ReplyReply Direct Link To This Post Posted: Nov 24 2008 at 1:13pm
I bought AKS at $1.97 a few years ago.
Sold it at $8.50 and thought that I did well.
Oops!
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arwendt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote arwendt Quote  Post ReplyReply Direct Link To This Post Posted: Nov 25 2008 at 11:25am
Originally posted by spiderjohn spiderjohn wrote:

I bought AKS at $1.97 a few years ago.
Sold it at $8.50 and thought that I did well.
Oops!
 

By my standards, or I should say what has become the standard for my portfolio, I think you did very well.

“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my Words of Freedom website.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Middletown News Quote  Post ReplyReply Direct Link To This Post Posted: Nov 25 2008 at 3:11pm
Hey, AKS is at $6.88 right now. Coming off the Nov 20 $5.22 low.
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