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Re: waverider post# 207311

Thursday, 03/03/2011 11:01:54 AM

Thursday, March 03, 2011 11:01:54 AM

Post# of 249349
Days to cover doest mean you have a certain time limit to cover your shorts all it does is explain how many days it would take all shorted positons to be covered thats determined my the average volume in a 10 period. The fewer days you have to cover the better. That prevents you from getting caught in a short squeeze.>>>>>>>>>>>>Days To CoverWhat Does Days To Cover Mean?
A measurement of a company's issued shares that are currently shorted, expressed as the number of days required to close out all of the short positions. For example, if a company has average daily volume of 1 million shares and 2 million shares are currently short sold, the shares have a cover rate of 2 days (2M/1M).

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