American Superconductor (AMSC) Message Board

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Technology Stocks : American Superconductor (AMSC)

AMSC 34.03

-6.9%

9:37 AM EST

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To: tktrimbath who wrote (786)	1/2/2014 2:26:28 PM
From: Art Bechhoefer	of 973

The litigation regarding Sinovel's alleged piracy/theft of intellectual property is going nowhere. The Chinese will probably wait for AMSC's financial condition to worsen and then buy the whole company at a bargain price. They've done this before with regard to other U.S. firms in trouble, so the pattern is already established. The recent high relative daily volume suggests that this kind of buying may actually be taking place now. As a long term holder of the shares, my guess is that they could go to about $3, but that would be about the limit unless AMSC actually prevails in its lawsuits (very doubtful). Art

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