If you guys are at the limits of your knowledge and holding the stock, you've done your best (assuming you're not emotional about the stock).I've given you some straightforward info. that's easy to confirm. However,you can bet I'm not going to tell you everything I know. I'm wrong sometimes, and I'll admit it when it happens. The insiders hold 5% of the stock , institutions hold 51%, that leaves a big chunk in the hands of retail investors and speculators, some nervously holding big gains. Use your knowledge to the full.
<<Continuation Gap would be the correct answer>>Correct. I'm sure you'd agree , one does not short a continuation gap.
I will continue to hold as long as the news comming out continues to be good, like it has been for the past four years. The prospects have steadily improved and the technical risk has continued to diminish. I am holding on and adding occationally looking for $75 in five years.
Sounds like you are a nervous trader - I can understand that shorting something like this that is gonna break out any day.Accumulating AMSC on any weakness will pay off handsomely in the weeks, months and even years that follow.Oh, that's right you were gonna cover on a gap around 10 or some such story. What's that gap about 2 pennies? You gotta be kidding me. Please say you are.
<<Oh, that's right you were gonna cover on a gap around 10 or some such story. What's that gap about 2 pennies? You gotta be kidding me. Please say you are. >>It's obvious you don't know much about gaps.