AKS it's a buy

AK steel.
I used to own it way back when at $14 a share. I sold it at 2.10 a share. That was when everyone told me it was going underwater. They can still be right, but their financial picture is much healthier.
The stock cratered from 55 till 9 bucks a share. Lets give it the benefit of the doubt that a nice mini rally can occur in this company; even though it is not a mini-mill.
Target is at 200day MA 21.50, we'll see.