Shares of micro-cap Evergreen Energy EEE are have jumped 17% this morning to $1.79. Volume has been heavier than normal with nearly a million shares already changing hands in early trade. On August 20, the company did a 1:12 stock split, which was kind of suspicious. Since the split, the shares have gained nearly 16%. Evergreen (EEE) has a market cap of $30.05 million.
Evergreen Energy Inc. (Evergreen Energy) is a cleaner coal technology, energy production and environmental solutions company focused on developing technologies. The Company developed two green technologies: the GreenCert suite of software and services and K-Fuel.
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