Is the First Solar (FSLR) Short Squeeze Just Getting Started?

June 13, 2012 12:23 PM EDT
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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