Buy when others are Fearful, Sometimes: 2 Ideas with 2 short paragraphs

GSE: GSE Holdings builds geosynthetic lining products and services. Their products protect the environment from multiple sources, mining, industrial, and sewage leakage.
The stock went public in February 2012 at a closing price of $11.75.
The stock has tumbled. It now appears undervalued and looks attractive for the long-term. The stock is down 70% over the past 52 weeks and trades at $2.30 per share. The stock has attracted value player during the 2nd quarter at much higher prices; Royce, Robeco , Kennedy Capital, Babson Capital Management.

Current Price = $2.30
Market Cap : 49.07M , Enterprise Value:       213.04M
Price/Sales:      0.10 , Price/Book:       0.70
Enterprise Value/Revenue:        0.48 , Enterprise Value/EBITDA: 9.13
Qtrly Revenue Growth (yoy):     -22.30%
Book Value Per Share:     3.21
52-Week Change:        -71.17%
52-Week High (Oct 5, 2012)3:    8.78 , 52-Week Low (Aug 15, 2013)3:    2.13
Shares Outstanding:     20.36M , Float:  8.75M
% Held by Insiders:    64.22% , % Held by Institutions:        37.20%
Short % of Float (as of Jul 31, 2013)3: 2.60%

VRA: Vera Bradley creates and sells quilted cotton luggage, handbags and accessories.
Why speculate on once high flyer growth stock?  VRA is down 21% over the past 52 weeks with a spectacular 82.10% of the float is held short. I was short over a year ago but now the stock looks like not only a short squeeze but can quickly become a compelling value. EV/EBITA = 6.98, historically cheap valuation for P/S, P/B,P/E, and price per share. The stock has attracted some value institutions during the second quarter to add shares, Royce, Artisan and Blackrock.
Current price = 19.38

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