AMSC Long @ $33.05 - Emerging Technology Portfolio

American Superconductor (AMSC) is the world's largest manufacturer of high temperature superconducting (HTS) wires and cabling. This technology is essential for upgrade of the US electricity grid in order to enable the new alternative energy sources  such as solar and wind to be distributed efficiently across the country.

This is the second investment in my Emerging Technology investment portfolio, where I make speculative, longer term investments with fairly small amounts of capital. The philosophy is to attempt to be a lucky early investor in companies that become key players in the next wave of technological change.

As I work in the IT industry, my focus is on electronics, mobile computing, electrical grid and alternative energy fields, as I have both a professional interest and knowledge base in this field.