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+0.14| Last Update: 05/21/13 - 4:02 PM EDT |
| Volume: 10,074,360 |
| YTD Performance: -23.48% |
| Open: $3.60 |
| Previous Close: $3.52 |
| 52 Week Range: $2.76 - $6.73 |
| Oustanding Shares: 136,310,324 |
| Market Cap: 458,002,689 |
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| Qtr (06/13) | Qtr (09/13) | FY (12/13) | FY (12/14) | |
|---|---|---|---|---|
| Average Estimate | $-0.09 | $0.02 | $-0.11 | $0.38 |
| Number of Analysts | 13 | 10 | 13 | 13 |
| High Estimate | $0.00 | $0.19 | $0.37 | $1.12 |
| Low Estimate | $-0.21 | $-0.13 | $-0.40 | $-0.10 |
| Prior Year | $0.10 | $-0.25 | $-0.54 | $-0.11 |
| Growth Rate (Year over Year) | -192.31% | 106.00% | 79.06% | 437.41% |
The predominant clues from numbers and earnings calls support the bearish view I hold on the market.
Going from stocks with negative total returns to the highest total returns over the next few years.
This earnings season will have its share of nasty surprises, regardless of what the perma-bulls say.
The rally's shunning commodity-related stocks, and that is good -- we don't need a repeat of 2007-2008.
AK Steel downgraded at GoldmanAKS was downgraded to Sell from Neutral, Goldman Sachs said. $3 price target. Integrated mills face margin risk.
The sector is primed for a rebound, with AKS Steel and Cliffs Natural Resources forging the way.
But we do think that it's a good idea to keep the insider optimism in this area in mind.
AK Steel downgraded at CitigroupAKS was downgraded to Sell from Neutral, Citigroup said. $3.50 price target. Deterioration in modeled negative free cash flow outlook.
Seize on what everyone else is missing, and start with these two glaring red flags.
AK Steel downgraded at UBSAKS was downgraded to Neutral from Buy, UBS said. $5 price target. Guided 2Q volumes continue to underwhelm.