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American Superconductor Corporation Message Board

  • se_tex_guy se_tex_guy Jul 2, 2013 6:35 AM Flag

    China knows this is a serious test...

    Trust is a necessity in trade....and trade is important to them. On the region level, made the firm is more important, ,but on the national level, they are very aware of the need for trust. This issue has taken time to work it's way through the China courts. If you hold this stock, keep holding it; if you don't hold the stock, buy it.

    Sentiment: Buy

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    • A quote from China's top leader: "President Xi Jinping recently said that China will protect legitimate rights of foreign enterprises. AMSC's cases against Sinovel are the perfect litmus test for whether statements like these are rhetoric or reality. They will help to determine whether China will protect the intellectual property rights of all companies -- both foreign and domestic," said John Powell, Vice President and General Counsel, AMSC.

4.30+0.20(+4.88%)Nov 27 1:00 PMEST