AK Steel (AKS)

[Saving Grace]

Banks who shorted the hell out of this are upset, not shareholders. It's a simple tactic to slow the transaction as they are the only ones being burned for their crooked manipulation of the stock that is now, coming to an end.

Shares of AKS will be called in and reissued with AKS then becoming a subsidiary of CLF. Shorts are in full panic as they didn't expect this and need to cover quickly or be crushed and burned.

CLF dividend will also have to be paid by short positions.