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American Superconductor Corporation Message Board

  • knowitallmost knowitallmost May 20, 2013 12:19 PM Flag

    Why up 8%?

    Can someone please tell me why the stock jumped 8%. If it's not down 8 tomorrow...

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    • Two quarters ago in November, in the days leading up to the earnings call the share price advanced $0.50, with flat money flow to visit the 139 day simple moving average. Right after the call money flowed out.

      One quarter ago, in the days leading up to the earnings call the share price advanced $0.50 to touch the 139 day sma with $10 million positive money flow.

      In the days leading up to this earnings call, so far the share price is up $0.25 with about $3 Million positive money flow to touch the 139 sma.

      In all three cases the trailing 12 month earnings per share average has improved. In the two previous quarters the share price has declined between earnings announcements after the $0.50 jump.

      My best guess is that institutional investors are taking their quarterly position right now with an eye on the medium turm moving average and the 12 trailing eps. They understand it's a guessing game with amsc right now and don't want to trade the stock daily.

      Sentiment: Buy

    • Some renewed hope for a settlement with the Chinese lawsuit. Could be an interesting final 20 minutes. The large short position could get a little spooked with a close over $2.80. Kind of guessing but I'll buy at the close if it closes at or near the session high.

7.0804-0.0696(-0.97%)12:54 PMEDT