$5.50 - AKs in SB, is this a fold?

[Jon_AK]

ok, I got this hand in a spot where you almost always want to reraise. My 'M' at this point was strong (about 40), so I knew I wasn't desperate to accumulate chips. If I reraised this person, I thought they would for sure be all in (because the massive preflop raise was semi-commiting). On the other hand, if I flat called, I would have commited 10% of my stack to play AK out of position potentially against the limper and obviously against the raiser. I felt I had enough chips to not need a race at this point in the tournament (which I'm about 80% sure this player had 99-JJ). So how would you approach this horrible spot?


PokerStars No-Limit Hold'em Tourney, Big Blind is t50 (9 handed) Poker Stars Converter Tool from FlopTurnRiver.com (Format: 2+2 Forums)

MP2 (t4505)
MP3 (t9760)
CO (t3490)
Button (t3240)
Jon_AK (t3090)
BB (t3430)
UTG (t3530)
UTG+1 (t6080)
MP1 (t3790)

Preflop: Jon_AK is SB with A[img]/images/graemlins/spade.gif[/img], K[img]/images/graemlins/spade.gif[/img].
<font color="#666666">3 folds</font>, MP2 calls t50, <font color="#666666">1 fold</font>, <font color="#CC3333">CO raises to t300</font>, <font color="#666666">1 fold</font> <font color="#CC3333">Jon_AK??????????</font>


EDIT: CO's PF RAISE % = 5% AT THE TIME OF THIS HAND