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I have a very simple way to judge if a very big speculation is worth investing in, just look at the BV. If it is negative than just move on. AKS's BV is -$4.00! It's very simplistic.
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It has $4+ to the downside then it will be zero. Not a bad return. If anybody tells me that AKS will not be bankrupt in less than 1.5 years than they are in some state of denial. Their balance sheet is a huge mess, there is no way they will make it without BK and after that there are only segments of AKS that are worth something. Why would anybody want to lose money? Terrible industry and they are at the very bottom of it.
5 Stocks With Solid Catalysts And Upside Well Positioned For 2013 Gains [View article]
AKS=BK, next step is BK. Really not worth the tremendous risk. Anything forward pertaining to AKS equals dispappointment. AKS's track record proves that.
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