China BAK Battery, Inc. (CBAK)

[Ecomike]

CBAK is up 70% + this morning, up a good $1 share on just 250,000 shares. No news, no chat here, no promo, so I think someone is squeezing the peyotes out of some nervous shorts today. CBAK was #13 on a list of most shorted stocks here:

http://www.bloomberg.com/news/2011-11-28/largest-nasdaq-short-interest-percent-increases-as-of-nov-15.html

I waited too long to add to my shares this time :(

But I am still long and the book value is about $8/share