Update: AMSC Bears Set up Buying Opportunity
The short-term vagaries in AMSC’s share price, based on the wind business, can be considered to be something of a distraction from our long-term technology investment thesis. American Superconductor was founded to commercialize HTS, after all. In the short term, the market is inefficient and subject to misinformation. Long-term trends, however, eventually assert themselves. These irrational, fear-driven price dips can create good long-term buying opportunities
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