I'm short IMAX nearly as much as I was amsc. I see all the tell tail signs. Remember when WPRT's results kept getting worse and the stock would rally more? And now no one will touch it or AMSC in the dirt. I couldn't get anything for the IMAX long position I held years ago...suddenly the junk is worth more? Movie industry is done. Done in 2D and even more done in 3D.
Board is nothing but a bunch of puppets. They gave board a huge sweetheart deal in stock years ago...it was scandalous. I guarantee McCan clings to this right up to bankruptcy. Who else on earth would want this job limping along a proven failed business into bankruptcy anyway? No one with any common sense that's who. But he gets to call himself a CEO...bwahahahahaha!!
Lest we forget Imax? I'm short that $29 on up and join st like AMSC...the rug will get pulled. They're setting that up for a collapse. Short it, too...hard. Just be patient. AMSC dragged us from $17 or so to $43 before near $0 now. This AMSC junk is going bankrupt. This is why Yurek fled, period.
$.42 is better than $0. I'll probably dump my remaining shares soon.
Nothing I had hoped would happen has. In fact, I thought tankers might save DRYS and here GE steals them for cheap to shield them from bankruptcy. BDI came up but that's not saving anything this dire. ORIG is collapsing vs. recovering and now no more divy. I just do see how this turns around and it smells like GE wants it this way.
Plan of action will be wait for the r-split and then short the snot out of it. Then, post-bankruptcy buy the new shares. New equity holders (former debtholders) will pump this debt-free junk like no one's business. Just like Charter Comms post-bk, it'll soar debt-free with BDI looking good and no new builds on schedule.
A modern-day ponzi in the form of a super conducting flimflam machine!
What a great exit strategy/plan to cap-off the scam: Headline: THE CHINESE STOLE OUR CROWN JEWELS[we left out on the table]!! Bwahahahahahaha!!!
Just for you folks that got ripped off, I'd like to see him in an orange jumpsuit. Despite making a lot of money shorting this junk down the drain (twice now), be warned business ponzis like Yurek simply plunder unsuspecting fools with their flimflam machine greased by Fraud St. For years Yurek shook his pom poms chearleading with bee-ess then took the money and ran. He won't be coming back.
His scam is complete. Otherwise, if he really had something, he wouldn't have abandoned it. Think, Buffett (who I don't even like) doesn't give up on a sound idea. He gets even more resourceful or otherwise sells it. Yurek knew this was doomed and was forced to ride it out. Over $1 billion in equity squandered and another billion in accumulated losses...this albatross never was destined to fly. It was doomed to fail. Like I said years ago: AMSC is a failed business. And here we are...and Yurek has left the building.
You mean Greg Yurek, founder and inventor of super-conducting flimflam! Just like Enron, he took the money and ran! Bwhahahahaha!!
I'll never forget the SEC filing of him dumping millions worth at $40+ (or $280+ post-reverse split!) knowing what he knew. His sham was over...I posted it over and over to warn others. Right, lafeet? You and ssquared pumped this junk all the way up as I was short from $17 to $43...and ALLLLLLLLLL the way down to Davey Jones' locker and soon bankruptcy. Bwhahahahahahahaha!!!
Lafool, what does this have to do with you pumping AMSC from its high all the way down to soon $0? Bwahahaha!!! This is no love story, it's a fraud wrapped in a disaster.
Arch, both AMSC and drys are horrible. I never saw any of the things I wanted to see with DRYS. Sold half already. By the way did you hedge the long DRYS with short RIG like I told you? Up $7 on that short and yet down $.40+ on half my DRYS junk. The last results were atrocious. Still making money more and more as RIG joins ORIG in Davey Jones' locker.
AMSC is still junk and McCan is clinging to AMSC straight into bankruptcy. Bank on it. Otherwise, not even Home Depot would hire the cheerleading putz.
Doesn't look good. None of he things I wanted to see happened either. Looks like a bad call on my part. Everyone has given up on GE. What a shady character like Paul Allen bankrupting Charter Comms. Well, without the debt, I will be buying the new shares. Banks and bagholders alike will pump the new shares to get back their losses. Just look at Charter now.
I warned you suckas. AFLOP is all dump and little pump. Back now $9 below its IPO price nearly 15-years ago. Regardless of record this or that, this diluted pig is hated and never stays above $20. Junk. Short it all day above $17 and stick with it and you make money, period.
Bwahahaha!!! Where are all the pumptards now? Bwahahaha!! AFLOP loses another 2.6%!!!
Thank goodness for the r-split so we could short this junk again as high as $7. What a remarkable gift.
Poor, arch. Amsc'ed again. Cheer up...DRYS was at least green today; it didn't lose 12% like AMSC. I roll 100% of anything you got into DRYS and start praying. At least with DRYS you have a slight chance plus you can't fall of the floor at $.50. Meanwhile, I'm up nearly $4 on my highest AMSC shorts. Closing in on 50% gain. Over it if you take in short/cover trading in last 1+ year. Every pump...I dump short and haven't lost one yet. Even yesterday's pump on 50k shares volume...bwahahahaha!!!
I keep on calling it. Some others that were bearish turned somewhat bullish. Not me. Never. I've know this flim flam machine disguised as AMSC too well for too long. Short it anywhere, anytime. New lows baked fresh monthly.
DRYS doesn't look good, but at least BDI is screaming higher. It'll come down to whether or not GE wants to bk it or not. I watched Paul Allen bk Charter Comms. Regardless, occasionally on a rare long play, I do miss one. It's rare because mostly I'm the best in identifying junk to short and those I never miss. AMSC from $43 on down made me a lot of money. Ditto on many other shorts (I've posted) especially short KD's junk like WPRT from $36 on down. Regardless, DRYS still has a slight chance and I can trade my way profitable if I even cared. It's my only long-shot and if I miss, I really don't care. But it's not out like this trash. Don't you wish you short AMSC again with me at $7?? Bwahahaha!!! Just another of AMSC's manipulated trading bee-ess. This junk is heading to $0.