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Ak Steel Holding Corporation (AKS) [hlAlert]

Rating:
Buy AKS
down 85.47 %

Ak Steel Holding Corporation (AKS) rated Buy by Merriman

Posted on: Friday,  Jun 12, 2009  8:25 AM ET by Merriman

Merriman rated Buy Ak Steel Holding Corporation (NYSE: AKS) on 06/12/2009, when the stock price was $20.11. Since
then, Ak Steel Holding Corporation has lost 85.48% as of 10/05/2015's recent price of $2.92.
If you would have followed this Merriman's recommendation on AKS, you would have lost 85.47% of your investment in 2306 days.

AK Steel Holding Corporation (AK Holding) is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel). The Company?s operations consist of seven steelmaking and finishing plants located in Indiana, Kentucky, Ohio and Pennsylvania that produce flat-rolled carbon steels, including coated, cold-rolled and hot-rolled products, and specialty stainless and electrical steels that are sold in slab, hot band, and sheet and strip form. The Company?s operations also include AK Tube LLC (AK Tube), which further finishes flat-rolled carbon and stainless steel at two tube plants located in Ohio and Indiana into welded steel tubing used in the automotive, large truck and construction markets. In addition, the Company?s operations include European trading companies that buy and sell steel and steel products and other materials.

Merriman provides advanced tools for acquiring such information. These tools integrate a combination of cycles, geocosmic signatures and trend analysis patterns in assisting the serious investor in their interpretation of the various financial markets and the general economy. In today's fast paced and seemingly chaotic marketplace, you need the edge that only a broader analysis of human activity can provide.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2009 8:25 AM Buy
None
20.11
as of 12/31/2009
1 Week down  -36.91 %
1 Month down  -29.50 %
3 Months down  -28.53 %
1 YTD down  -29.88 %

(*) Stock Price at the time of the recommendation.
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