Over $713 million in accumulated losses. Over $1 billion in investment money plundered! Impending cash crunch as resources dwindle. Nasty lawsuit with China's Sinovel Potential class action lawsuit vs. AMSC for gross negligence for failure to safeguard properly assets.
The company is destined for a dumpster. Target under $1. Personally, I don't think the equity has any value whatsoever at this point. Fraud St. propping it up hoping suckers come along and at least give them $4/sh for what is effectively worth less than a roll of toilet paper.