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


To: Art Bechhoefer who wrote (936)7/6/2018 2:28:45 PM
From: Lawrence Burg  Read Replies (1) | Respond to of 973
 
Art, Hawk...

Appreciate the thoughts, but this appears to be over.

AMSC is losing money, and they've apparently struck an accord which provides more of the same mediocre way forward, in the process setting the situation right. new software and diplomacy are far out and flimsy hopes at best.

The market is again the ultimate truth. I should have known, plainly myself, with the pathetic market activity the last few weeks, and broadly since the judgement. Something is rotten, and AMSC/McGahn are at the least acquiescent, if not complicit. Either way, the common equity suffers.

That said, I'll continue to watch the market activity and trading for signs of life that could signal some recovery of the previous valuations. But I will not spend any more hope on this.

also, I'd say it's a buy under $6, for a short term move back to $6.50-7, or 10% on a trade. still a good return. But fundamentally, it's dead money. And as far as corporate integrity and disclosure, they should at the very least be investigated and reprimanded. Throw out the Board by the way too. so much for wisdom and balance.