Good Post Mr. Longarm543 from I would hope a rational investor.
I hope you're right, but I fear you are doomed with the rest of us poor souls who once "believed" in this company.
Good Luck to you. I will bring this post up for all to see in maybe 6 months or a year, if AMSC is in fact still in business.
"Love how every time a run up happens "
Yup, that sure is a BIG run-up from 40 cents to 41 cents !!!!!!
Keep pumping away Mr. UWBADGER41....................................
Just curious though, which one of the funds do you pump for ??????
And speaking of a company that is " doing well" ......................................
How many BILLIONS of Dollars does AMSC have to lose for their shareholders before you actually come over to the other side and admit that AMSC is in fact a Ponzi scheme?
I don't mind the short bashers who announce themselves and are honest about their viewpoint. Far more disturbing are the ones who claim to be long and keep giving information under the pretext of being helpful, though the information always has a worrying component to it, and is a poisoned pill. I am invested in amsc, and make my own decisions, but I do know there are less informed people out there who can lose their hard earned money because of needless fear engendered by dishonest commentators. I personally plan to keep buying amsc while it's cheap, and hold for several years.
Every board has it's manipulating bashers too, furplayy, aka big fatty (or one of many derivations). Love how every time a run up happens you guys all of the sudden make up all kinds of #$%$ to try to scare people away. AMSC is not going bankrupt, isn't a ponzi scheme, and is actually doing well considering their history. Most companies in their shoes would have been dead years ago. Without manipulation AMSC should be $6-7 right now. This stock has disappointed in the past but this stock will see $10 a share before it sees $3.
Oh, awesome. Another roadmap. They came up with a "roadmap" in 1997. Cut and paste the following into a google search:
Research and Development Roadmap to Achieve Electrical Wire Advancements from Superconducting Coatings (Final Draft)
Edited by J. W. Muehlhauser July 1997
(Updated November 12, 1997)
Page 39 of that roadmap called for a manufacturing cost of $10/kamp-m. It's probably still 10x as high as that.
In 2001, DOE came up with another roadmap (google the following)
Coated Conductor Technology Development Roadmap
On pg four of that roadmap it established the following goal: “Low-cost, high-performance YBCO Coated Conductors will be available in 2005 in kilometer lengths. For applications in liquid nitrogen, the wire cost will be less than $50/kA-m, while for applications requiring cooling to temperatures of 20-60 K the cost will be less than $30/kA-m. By 2010 the cost-performance ratio will have improved by at least a factor of four.”
In 2013 another "roadmap" came out (google the following):
HTS from Precommercial to Commercial: A roadmap to future use of higher temperature superconductors by the power sector
... and again, in the introduction it states that "First, the cost of HTS wire must be reduced, lest the power sector ... think the benefits not worth the cost"
Almost two decades since that first roadmap, I wonder what amsc's roadmap will have to say about the cost of hts wire.
Goal: Develop an industry-wide consortium roadmapping effort to overcome the technological obstacles inhibiting growth of commercial manufacturing of high-temperature superconductors (HTS). Overcoming these barriers can position the United States as a leader in the global HTS marketplace and lead to the creation of high-tech jobs.
Lead: University of Houston
316 E. Cullen Building
Houston, TX 77204-2015
Award Number: 70NANB15H066
Federal Funding: $499,895
Project Duration: 18 months
Advanced Superconductor Manufacturing Institute
64 Jackson Rd
Devens, Massachusetts 01434-4020
Organization: American Superconductor Corporation (AMSC)
Award #: 70NANB15H066
Org Type: For Profit
Confucius of the future will include Sinovel fortune cookie "Now you see it, now you don't Yurek" & his sidekick "some young guy McGahn"
You forgot to change your ID from mchase9255 to AMPS................................
Best be "more careful" in the future........................................................
Oh well, the only one who cares on this board is my dear friend.. Arch.
But, I'm sure he'll forgive you..................
"... continued unnatural interest from so large an outfit as Susquehhana International in so small a company as AMSC "
According to the Holdings Channel, Susquehanna has about $230 million in assets but has only $755,000 bet on amsc in the form of net calls. Something like a third of one percent of that hedge fund's assets in amsc. Why does this hold your attention so much?
I'm not a McGahn basher, but I do think he made a couple of mistakes early on when he took the helm. One was going into debt to a hedge fund - namely, CVI, which is a part of Susquehanna. CVI got paid off in shares at 15% below recent market value, and they pretty dumped those shares as fast they got them. In the meantime, it would not surprise me one bit if their parent Susquehanna was shorting amsc in the form of puts. Susquehanna was bound to make a buck under any scenario. For example, if amsc's stock had soared instead of crashed, CVI had long options they could have cashed in on.
AMSC experienced significant dilution from the deal by going into debt to a hedge fund which, in my opinion, had very little faith in amsc's future. Susquehanna was just doing what hedge funds do, and they continue to do it now.
The short position is coming from a black box. There is more to this than we know, enhanced by US lack of short transparency. I'll stick my neck out and say short manipulation is foreign in nature.
One thing at least we can count on in an uncertain world is that in or near the money call option activity in this stock picks up at option expiration time. I suspect that "synthetic long put" creation explains a good deal about 2 things. First is growing short interest as can be confirmed by checking REG SHO daily listing which records additional 20k shares shorted AMSC (Nasdaq) past 2 sessions alone. 2nd is continued unnatural interest from so large an outfit as Susquehhana International in so small a company as AMSC as can be confirmed by their outsized call option position. Of course, unlike most advanced economies US doesn't insist on short position transparency so it remains a matter of putting 2 and 2 together. Yank
When Sinovel was at its peak, more than 10% of the windmills installed in one year had amsc inside thanks almost entirely to Sinovel. In other words amsc had more than 10% of the world market for wind turbines, i.e. Sinovel too.
The article below was written just about the time that Sinovel was getting started. If you don't recall, China was still considered an underdeveloped country that needed "help" from the developed countries in relation to "climate change" as it was discussed at the Bali.
The Bali conference was winding down and the scammers had gotten no concessions from developed countries. The Crying Dutchman was broadcast in the news worldwide and the USA relented with some last minute give aways.
The USA promised at the last minute to include words from the conference that the USA was going to "transfer" western technology to developing nations to combat "climate change". China took them literally, I guess.
Floods of tears as climate change 'hard man' breaks down at summit
By MARTIN DELGADO
Last updated at 00:13 16 December 2007
He is known as the "hard man" of climate-change negotiation.
But after 12 exhausting days of trying to reach a worldwide agreement on reducing greenhouse gas emissions, it was suddenly all too much for Yvo de Boer.
As the 200-nation Bali conference wrangled over a minor procedural matter, the Dutch diplomat in charge of the talks burst into tears and had to be led away by colleagues......