With your range, it's a bad fold:
Code:
equity win tie pots won pots tied
Hand 0: 60.664% 60.12% 00.55% 1037615796 9445854.00 { 22+, AKs, AKo }
Hand 1: 39.336% 38.79% 00.55% 669494928 9445854.00 { AQo }
Code:
equity win tie pots won pots tied
Hand 0: 67.368% 66.50% 00.87% 573917652 7472298.00 { 99+, AKs, AKo }
Hand 1: 32.632% 31.77% 00.87% 274138968 7472298.00 { AQo }
If you're ahead/chopping every once in a while, it's a REALLY bad fold.
Code:
equity win tie pots won pots tied
Hand 0: 57.307% 49.36% 07.94% 639004968 102831828.00 { 99+, AJs+, AJo+ }
Hand 1: 42.693% 34.75% 07.94% 449833200 102831828.00 { AQo }
I don't like calling pre flop, but it's better than raise/fold.