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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: Hawkmoon1/8/2018 10:31:52 AM
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Nice to see it trading back above $5 today.. Could get a move up to $6 resistance and hopefully set up for even more..

The driver? Apparently, the Court case in Wisconsin is generating a lot of hype, with expectations that it will prove an easy legal win for AMSC against Sinovel..

There is speculation that the court will award quadruple damages, which would be around $4 Billion..

Does that mean that AMSC has a chance to collect that amount from a Chinese company? Not likely..

But it would prove to be a major precedent against Chinese Intellectual Property theft.. and that generate some very positive press (WSJ already is reporting on the case).

finance.yahoo.com

Hawk
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