but you could have sold just days ago at .10 when it was obvious the was no hope. Why you would hold makes absolutely no sense........tells me you are just a gambler and not a very bright one. I don't get you
How much more worthless is common!?
99.9% plus you can always tell if the common has any shot at value by what price the debt is trading. NHID had absolutely zero chance from the beginning based on the bonds. Who ever continued to hold was to stupid to understand the game....Nachooooooooooooooooooooo!
common is beyond worthless when you have debt trading at 2 cents on the dollar!
Douglas has no choice. The company has no signs of ever making profits. The stock can only back to $1 once they burn the remaining cash over the next 12 months......The CEO really did a nice pump recently with that BS Navy contract. 8 million?? laughable
Inox should buy AMSC. They can pick up the 1 billion litigation for free! buy AMSC for$10 (140 million) then settle with Sinovel for 100 million!
1473 was real. That is the open interest. the past two months the seller sold the 7 call strike. someone just keeps selling the strike above the current price after every expiration. The stock is totally busted now....no support. With nothing but loses on the horizon and a 4 million share secondary looking for the exit I guess $3 is coming
he threw another 4 million after being down over 200 million, he obviously doesn't see a bottom near term. he just tossed in a few pennies to get the other morons to go along. Now that its broken $6 everyone will be trying to sell their losing position. Should get ugly over the next few days
no on one this planet believes AMSC will see a dime from Sinovel win or lose in court. Only smart move now would be for Sinovel to buy AMSC at a 100% premium($12-$13)($150 mil) and end the lawsuit, but AMSC would never sell. This would be in shareholders best interest being they have no way of getting to profitability before plenty more dilution. At the end of the day there will be 3 times as many shares outstanding before AMSC makes a penny
The price was $10 based on the fact that AMSC preannounced the navy contract. As soon as the stock ran from 7 to $10 they did a secondary. Add in 40% dilution and it's as if the stock is $10 right now! Douglas didn't load up cause he knows there is nothing going on short term and he will be buying $4 stock on the next secondary before anything positive happens
All Kevin's investments are long term. AMSC might take 6 months or 3 years before it lifts. kevin don't mind waiting......I do