Opinions
Andrew Hamlin
AK Steel Holding
AKS-N
COMMENT
Jul 09, 2015
$3.350
Stock price when the opinion was issued
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They raised money last fall at $9-10 and it popped. They are affected by Steel prices. 50% is auto. He likes the company. There is a trade case to put tariffs on imported steel which should benefit them as steel prices are lower coming from China based on the stronger US dollar. These tariffs should benefit them. A good risk reward ratio.