AK Steel Holding Corp (NYSE:AKS), Down By 7.31% ($0.38) From $5.200 After BUYINS.NET Report Predicted Weakness Before Earnings
October 16, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, October 15th 2012 stating that AK Steel Holding Corp (NYSE:AKS) was expected to be Down Before its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=aks&id=319448
At the time this story was written, AK Steel Holding Corp (NYSE:AKS) is Down By 7.31% ($0.38) From $5.200 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
AK Steel Holding Corp (NYSE:AKS) - AK Steel Holding Corporation, through its subsidiaries, produces flat-rolled carbon, stainless, and electrical steels, and tubular products primarily in the United States and internationally. It manufactures flat-rolled carbon steels, including coated, cold-rolled, and hot-rolled products; and specialty stainless and electrical steels that are sold in hot band, sheet, and strip forms. The company also involves in finishing flat-rolled carbon and stainless steel into welded steel tubing, which is used in the automotive, large truck, and construction markets, as well as trades in steel and steel products and other materials in Europe. It sells flat-rolled carbon steel products primarily to automotive manufacturers; and to customers in the infrastructure and manufacturing markets consisting of manufacturers of appliances, electrical transmission, heating, ventilation, and air conditioning. The company also sells its coated, cold rolled, and hot rolled carbon steel products to distributors, service centers, and converters. AK Steel Holding sells its stainless steel products primarily to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers, as well as electrical steels to manufacturers of power transmission and distribution transformers, and electrical motors and generators. The company was founded in 1993 and is headquartered in West Chester, Ohio..
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