LogFAQs > #950073189

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Topic	Stock Topic 18
Colegreen_c12 01/29/21 10:12:52 PM #27:	StartTheMachine posted... Oh, I was assuming that date was simply the date they opened their short position? Nope, if you look its reported twice a month every month. red sox 777 posted... 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. This exactly. They could easily close all their shorts in .6 days (will actually be faster since if they all start covering the volume is going to go up for that day). --- DPOblivion beat us all. <cite>Colegreen_c12 posted [p:950073189] in Stock Topi... [t:79267121]...</cite> <quote>StartTheMachine posted... </cite> <quote>Oh, I was assuming that date was simply the date they opened their short position?</quote> Nope, if you look its reported twice a month every month. red sox 777 posted... </cite> <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.</quote> This exactly. They could easily close all their shorts in .6 days (will actually be faster since if they all start covering the volume is going to go up for that day). --- DPOblivion beat us all.</quote> ... Copied to Clipboard!
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