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$31.98 -1.67 (-4.96%)
7/3/2008 1:00 PM

American Superconductor Corp (AMSC)

CAPS Rating:
**

An energy technologies company, which offers an array of solutions based on two proprietary technologies: programmable power electronic converters and high temperature superconductor wires.

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Avatar synergize (98.00) Submitted: 5/15/08 4:14 PM : Outperform Start Price: $29.91 AMSC Score: 9.07

Massive buying on 8-May-2008 followed by 3 days of massive selling and then another 2 days of buying. I think overall during those days the bears and bulls equaled each other. But there is more potential to break on the upside as the stock has been on an uptrend for a long time. Other indicators like Stochastics is rising and not yet overbought so for technical investors that means there is still opportunity for buying.

Turner Investment Partners Inc added additional 76,900 (33.51 %) shares of American Superconductor Corp (AMSC), bringing their current holdings to 306,360 shares as shown by filings made public on 2008-05-09.

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