Citron updates American Superconductor (NASDAQ:AMSC)

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What is a Power Module Company Really Worth?

For the past two months, Citron has maintained its opinion that the business of selling power modules to the wind industry does not classify a company as a “wind play”, but more accurately an industrial commodity.  Meanwhile, sell side analysts have ignored all warnings, as well as large insider selling and questionable SEC confidentiality requests cloaking the company’s single largest piece of projected business.  Citron will now put forth the one piece of evidence that shareholders cannot afford to ignore.  As for the analysts, ignoring things is standard practice.

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