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No. of Recommendations: 4
INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own, and so I can check back and see if their stories have changed. I post in case it helps others too.

AMSC (was called American Superconductor)
AMSC (market cap was $0.105B EOY2016 is $0.88B Mid2017)
AMSC has, or had, at its core a business based on superconductors (the SC in AMSC). They developed the technology and manufacturing capability to produce superconducting cables that effectively do for power what fiber optics did for communications. The cables can be sold as cables, but can also be incorporated into motors, voltage regulators, and other devices. A fortuitous acquisition introduced them to the wind power market when they either merged or acquired a wind turbine design firm. Their unique combination of cables and power infrastructure management products brought them into an alliance and facility that would connect the three main electrical grids in the contiguous 48 states of the US. They have good potential as energy efficiency becomes increasingly valuable.

Unfortunately, the superconducting cable business has yet to begin disrupting antiquated electrical infrastructure. The wind turbine business did exceptionally well, until a Chinese customer decided to become a well-educated competitor, and I'm hearing less about Tres Amigas, the grid connector. Fortunately, the superconducting cable business may be dealing with an industry that changes slowly, the wind turbine business can succeed in places like India too, and just because I'm not hearing about progress doesn't mean progress isn't being made.

The stock was hit by a revenue miss, down ~ 40% in the last six months. If the miss was merely a delay, then the stock has a good chance to recover. The sad part is that the miss came just as the company was close to profitability, a key event in my investing strategy. If the company gets back on track, the stock should get back on track.

DISCLOSURE LTBH since 2003 but the first shares were sold years ago.
(I've also collected links to the other discussion boards and my other stocks over on my blog http://trimbathcreative.wordpress.com/2017/06/30/semi-annual...)
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