Note: I will be posting a few charts tonight, all of which I’m looking to take a position in.
#1 on my list is [[AMSC]] American Superconductor Corporation
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Joined Jan 27, 2008
7,405 Blog Posts
hi RC,
whats up with GSI..i baught at 16.50 and still holding..should have baught options but went and baught shares…are u holding or its an exit..considering they are getting listed on 8/8 and all the hype with olympic and china
AMSC: as a long???
did you even research this co? There’s a good chance it’s a complete fraud. There’s a 100% chance the stock has never made a profit in its history of existence and insiders are selling as fast as they can…
Of all the wind and solar plays — this would be the very last stock I would ever buy.
Stopped out of GSI.
Douche,
I will look into it. Alternative Energy stocks should run tomorrow, this one could easily move a few points.
Cajun, go to Stock Lemon to get the scoop on AMSC.
The beauty of being a chart chomper is the ability to just ignore fundies.
To an extent, yes. Really, it depends on the time frame. Fundies don’t matter much if you’re gonna hold the stock for 2 days.
They might matter a lot more if earnings is during one of those 2 days.
BS Douche … I’ve had prior dealings with AMSC and that’s an egregious statement on your part. They have some interesting and real technologies but the market has been slow to invest in their product. Until market conditions necessitate new infrastructure in the power transmission industry they can only improve their product and cost structure. In the meantime they are expanding their reach and liquidity with wind power products until their “superwire” products gain acceptance. That said, I agree with Fly regarding the fundies and would only play it on technicals as suggested.
solar powered micro turbines? do whaaat?
http://biz.yahoo.com/bw/080729/20080729006426.html?.v=1
woozers
Some other long ideas:
VRX, NUVA, EURX, STJ