LogFAQs > #950073018

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Topic	Stock Topic 18
red sox 777 01/29/21 10:06:22 PM #25:	StartTheMachine posted... https://www.marketbeat.com/stocks/NYSE/AMC/short-interest/ Okay so this information is public, and the days to cover is 0.6. It's right there. That image I posted is at least partially correct, no? How would this not rocket the stock? E: Scroll down a bit to see all their short positions and the days to cover. Seems like 2 days from now is when the biggest percentage of short positions are forced to cover (I assume this means 2 trading days and the weekend doesn't count?). So so so many shares, that rocket could be nuts. Days to cover doesn't mean that. It means given the average trading volume per day, it would take 0.6 days for all the shorts to cover. That's actually quite a low number for it, which doesn't inspire a lot of confidence for the squeeze. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:950073018] in Stock Topi... [t:79267121]...</cite> <quote>StartTheMachine posted... </cite> <quote>https://www.marketbeat.com/stocks/NYSE/AMC/short-interest/ Okay so this information is public, and the days to cover is 0.6. It's right there. That image I posted is at least partially correct, no? How would this not rocket the stock? E: Scroll down a bit to see all their short positions and the days to cover. Seems like 2 days from now is when the biggest percentage of short positions are forced to cover (I assume this means 2 trading days and the weekend doesn't count?). So so so many shares, that rocket could be nuts.</quote> Days to cover doesn't mean that. It means given the average trading volume per day, it would take 0.6 days for all the shorts to cover. That's actually quite a low number for it, which doesn't inspire a lot of confidence for the squeeze. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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