Red Flags at American Superconductor: Don't Get Burned

This past week, Wall Street whooped up the higher top-line revenue
number from American Superconductor (AMSC), and rewarded it with
an immediate 25% gain, plumping its market cap to well over a billion
dollars. All this for a company that has done nothing but over-promise
and under-deliver for years.<!---->

Citron seeks to answer a key question: Was this increase in
revenue gained through legitimate arms-length transactions, or was
there another explanation - some undisclosed related party
transactions? You be the judge. If we look to the insiders for
guidance, they have already rendered their verdict, in the form of
insider selling at a furious pace. Read on and enjoy a true tale of
Wall St.