AK Steel (AKS)

[Saving Grace]

Exactly, they're asking because no shareholders are complaining.

Only shorts are complaining because they are not shareholders but sold the stock they didn't own anyway and already have nearly covered short positions.

Now they have no choice but to drive the stock up.

Shorts have no case here and the acquisition is fair and legit. AKS will benefit in a big way at 40% with CLF securing it's debt load and increasing profitability 10 fold.

It's funny that the minute shorts get crushed they go crying to an attorney after burning shareholders for years, selling away their stock. With Lorenco now at the helm and calling the shots, he will counter sue the real cronies behind the frivolous suit. It would be smart for the crocked shorts to cover and move on. Real AKS stakeholders are excited about the transaction and welcome Cleveland Cliffs hands down who will build an empire with what was falling apart under poor management.