Evergreen Energy Inc.(fka EVEIQ)

[Cliffhucker]

Question to consider on Naked Shorts:

The new SEC FTD rule states:

Participants that do not close out these fail to deliver positions within 35 days will, by rule, be prohibited from accepting any short sale orders or effecting further short sales in these securities until the entire fail to deliver position is closed out.

So who is to say that they have any incentive to cover phantom shares (if there even are any). They could simply not cover their FTD's and the only penalty would be that they cannot accept any more short orders (which has already happened).

So if a short HF or what not can't short any more shares then why should they cover their FTD's?

I highly doubt any short squeeze will occur without giant news from the company on a signed contract. We have seen that the shorts will not cover on simple news of the Chinese coming to Evergreen or Bechtol getting exclusivity to any future construction. These occurrences have caused only small upward spikes in the pps and are soon quelled. Although both of those (bechtol/chinese) events are positive they mean almost nothing at this time.

The contract with Bechtol is simply a contract which grants Bechtol the work should it occur. Basically Bechtol has won rights to a contract but one has not been written. And I would also think that Bechtol would have to bid on any construction and EEE will have to accept the bid. The same goes for the Chinese no actual contracts have been formed.

However , Should Evergreen come out with a PR this week saying the Chinese have committed to a $x deal then get ready for a real squeeze possibly or get ready for more dirty playing from shorts than you have ever witnessed in atemps to subdue any real movement and thus they will cover on their terms..