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"an amazing order... if the China deal is real"

I'm considering shorting (or buying puts in) AMSC, so am doing as much research as I can, including the MF boards.

I'm a fan of CitronResearch, have made some money buying puts in the companies he profiles (lost a bunch, too, not because his analysis was wrong, but because my timing was wrong, always a risk with options).

I don't think it's an "amazing" order, I think it's a fantastic order, as in, fantasy. I just don't see how this tiny company AMSC acquired, who was also a large customer for them, suddenly gets a huge order bigger than anything they've ever done. Yes, China's huge, and wind and alternative energy is hot right now, but I think this is a sector play with no substance. Most of the articles I've read have been talking about AMSC being in a new EFT focused on alternative energy, and even friends are buying "green" funds, without knowing much of what they're about.

I'll probably pick up some puts before the 8/5 release, but I'm all too aware of how difficult it is to time stocks (up or down). Especially since not much disclosure is required from Sinovel.

I look forward to rational bull arguments for the stock, if there's some substance to their stories I'd love to hear about it!


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