Another Short Squeeze - Evergreen Solar

Look at what happened with Evergreen Solar over the past week. From a couple cents to a high of 23 cents yesterday! Over 10x!

Recall that Evergreen is in bankruptcy. Its nearest maturing unsecured debt is trading at a tenth of a cent! Only the secured creditors are getting anything.

For there to be a posted bid at all for ESLR shares is deeply irrational, and an example of the worthless stock inefficiency. And this thing traded almost 10 million shares this week! That means someone threw away close to a million dollars.