American Superconductor (AMSC) Message Board

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Technology Stocks : American Superconductor (AMSC)

AMSC 56.25

-7.2%

Nov 4 3:59 PM EST

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From: Hawkmoon	4/26/2017 7:46:53 PM
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Once again, AMSC has proven that an investment in it's shares is like walking in a minefield.. Stock closes at $7.70 and then they release earnings, and we see it plunge after hours to below $5.. Even taking into account that they sold $2.5 million (379,693 shares) from their "ATM" sales facility at a price of $6.58, folks are taking a bath tomorrow.. All I can say is "ouch!! That had to hurt!!" But then again, sometimes buying when their is "blood in the streets" is the best strategy.. Disclosure. I have no position, but considering it in light of events. finance.yahoo.com Hawk

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