This is clearly a shove situation. You have a 7K stack and blinds are 400/800, meaning you have less than 10BBs/M of ~6. Probably less if you include antes.
So, you do not have really have the luxury of sitting around waiting for premium hands with a stack this low. Against a loose player who has been showing much weaker hand, you easily crush his range with AQ and should be happy to get it in. Do not be afraid to fold hands like AQ to a loose big stack, especially when you're a pretty short stack yourself. You need to accumulate chips if you want to make it deep. Had the raiser been a super nit, then folding here would've been a smarter play.
Another thing is, keep in mind that you're still 800 players in and only 500 players get paid, so you still have a long ways before you make the money. And with <10BBs, you're not going to make it if you keep folding these key situations. Next blinds are 500/1000, you'll only have 7BBs. Next blinds even less BBs if you don't double up or better. So, this deep in/still far from the money, worry about how you're going to accumulate chips. Against players like these, with AQ, at worst you're dominated by AA-QQ, AK, and at best you're a coinflip or you have an edge. Get your money in.
Originally Posted by NiceNisus
So I suppose I'll try to only go against Big stacks with hands Like AA KK QQ.
Actually, go after the medium stacks, you can go after the big stacks with premium hands, but its the medium stacks you want to go after. Why?
Big stacks will have no problem calling you if you're a really short stack and it doesn't cost them much. It's not exactly about them being lucky. Usually, they might be priced in, especially late with so much dead money in the pot or it's only costing them a small percent of their stack to try and bust you. With small stacks, they're desperate and will gladly get their stack in with anything that looks decent. Medium stack are your perfect targets, they're not short stack and they're not big stacks. They usually wont risk calling with weak hands because they dont want to risk losing and being SS or busted and they usually wont get involved in a pot unless they have some type of hand. Attack them.
Also, don't be result oriented. You made the right move and got unlucky.
Originally Posted by gadgetfiddler
I would fold the aq in that situation and wait for another decent starting hand that i can play by only posting 1 blind. no reason to call 4x the blind when you're short stacked and so close to cashing, imo.
You would wait for a better hand so you can limp in while you're short stack? Please explain your reasoning for this play. Also, 800 players/500 cashing is not close to the money.