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American Superconductor Corporation Message Board

  • grump430 grump430 Apr 16, 2013 5:46 PM Flag

    Relentless Tumble

    The stock is abandoned to a relentless tumble falling of its own weight bereft of any reasonable fundamentals.
    The earnings reoprts, balance sheet and income statement all inspire a recoiling shudder. The real battle is carried on at the cost of goods sold line. Then the hapless investor is only left to be chilled and numbed by the SG&A and R&D figures that slosh the entire scene in a sickening red.
    Holders and sellers are increasingly sickened by the prospects going forward evidenced by new lows on the chart that stretch back years.
    New entrants seem to be akin to berzerkers entering a battle relying on their skill of illiteracy rallying around the single word, superconductor.
    Our target of 64cents has taken on new meaning this week as the increasingly crushed longs mutter the battle cry: Short Squeeze, Short Squeeze, Short Squeeze, only to be left in the smoldering ruins of new lows and so it goes, it was your money.

    Sentiment: Strong Sell

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AMSC
0.80-0.02(-2.49%)Dec 26 4:00 PMEST

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