[Fail] Obama Mentions An Energy Company In His Big Speech And It Goes Bankrupt Instantly

(Traders might decide to short anything Obummer names, given the precedents):



Michael Brendan DoughertyBusiness Insider Thu, 26 Jan 2012 











Andrew Restuccia of The Hill is reporting that Ener1, a battery company that President Obama referenced in his State of The Union Speech on Tuesday as an example of successful energy investments, has just filed for chapter 11 bankruptcy.