LT AMSC investor

Red Flags at American Superconductor: Don't Get Burned

i have owned AMSC stock since 1996. One benefit of this 12 year perspective is that i have watched management state targets and then either hit or miss them. If you are asking for a management team to ALWAYS hit their targets, you will get 1) low targets or 2) improper accounting to hit the target. In my opinion, AMSC management sets realistic reach targets, and as noted in this article, doesn't ALWAYS hit them. This does not bother me, in fact, i think it speaks to the strength of management.

Regarding the CEO selling shares, all of this share sales have been with pre-determined plans that are set many months in advance. Yes, we would prefer that management NEVER sell, but realistically, they want the new home/car/vacation/seco... home that we all want, and selling stock is the fruit of their success. I would much prefer to see scheduled and planned sales over immediate large block of stock being dumped.

Overall, i am excited about AMSC's prospects in both the wind and the wire markets, and i think the 12 year wait for commercialization is going to be worth it in the end. It will be a great investment and also a great achievement for our electric infrastructure which has been ignored for so long.

good luck out there!