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Technology Stocks : American Superconductor (AMSC) -- Ignore unavailable to you. Want to Upgrade?


To: Josephus who wrote (589)1/28/2004 10:40:07 AM
From: David C. Burns  Read Replies (1) | Respond to of 973
 
recent news was good, but maybe not that good? pull back on over-reaction to the upside after a nice recovery?

amsuper.com



To: Josephus who wrote (589)1/28/2004 1:06:05 PM
From: big guy  Read Replies (1) | Respond to of 973
 
The end of day today will be more telling but as for now I agree with David. To far to fast and their bringing it back to reality. Looks as if some stops were tripped which sent it to the low $16 this morning, real support is where we are now near $16.80. Looks like we have some pretty good buying coming in there. If that doesn't hold there is not much between here and $14. $14 is pretty concrete in my opinion. I was stopped out of half of my position at $18.68 a few days ago and let the other half go yesterday afternoon at $18.29. I will be a buyer again on a good volume break of $20 or near support at $14. If it gets back in the $14's I'll be how they say backing up the truck.