American Superconductor: You Have to Read It to Believe It - Andrew Left

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American Superconductor: You Have to Read It to Believe It
Jun 12, 2008 02:31 PM UTC

Andrew Left

Return	Risk
+16.32%	MID

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Symbol	Sentiment	Start	Return	Closed
AMSC		06/12/08	+18.64%	--

Via Short Stock Ideas from Seeking Alpha:

“If You Add to The Truth, You Subtract From It”
- The Talmud

It is no secret that Citron Research is skeptical of American Superconductor (AMSC). The company has now crossed the line to ridiculous. They have taken a small customer in Sinovel and added so much nonsense that they have subtracted any corporate credibility that is still left from a company that has done nothing but burn through investors money. It is our opinion that anyone on Wall Street would have to be deaf, dumb and blind not to realize the complete lunacy of American Superconductor’s most recent press release.

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