Is the First Solar (FSLR) Short Squeeze Just Getting Started?
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First Solar, Inc. (Nasdaq: FSLR) is moving off the lows of the session. After ramping 21 percent Tuesday on a short squeeze caused by a couple positive data points, shares were down as much as 9 percent earlier today. The stock has now more than halved those losses, currently trading down 3 percent.
The thinking may be, that although the fundamentals suck, a short squeeze may not be just a one day thing.
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The thinking may be, that although the fundamentals suck, a short squeeze may not be just a one day thing.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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