Friday, May 09, 2008

AMSC Swing Hi.. Swing Low...

this is a reminder to look at the tremendous swings to the downside experienced just recently following pops - +plus+ the fact that earnings are not yet actually positive...

I am very cautious on AMSC since I don''t know how fast they will build an order backlog which has proven profit reserves...

I love this stock --> smaller electric ship motor/generator components to windmill and power plant +plus+ electrical transmission components...

what a power play in todays world when the US Navy probably wants to go electric everywhere they can...and everyone knows the wind-power story by now..cheapest alternative to natural gas..profitable right away..etc...

do not forget how recently this was had for 17-19 ... so expecting 24.xx - 27.xx seems not so highly unlikely -- hold tight sit back and hope no news comes in for while...another pop in this stockorn popper may be on its way...