Anavex Life Sciences Corp (AVXL)

[fourdueces]

I asked this earlier, but wasnt sure if some knew what I ment or if I explained it right. I know what short volume is, I know what basically the basics of it. My question was, the one thing shorts need is volume. The volume today was a crawl. Now looking at the short volume the past three sessions are 4.7,3.7,2.45 mill each day. The formula for days to cover is days to cover=current short interest/avg daily volume. So with the light volume today. There is a ton of short volume that needs to cover tmrw. Now they can just reshort it, which is the concept but they need volume. Today's short must cover tmrw, along with Wednesday. So with light volume tmrw could be a good day. But expect volutailty cause they could drive it down early to give them time to cover. If someone with great knowledge could confirm this or post what days to cover means. OTC I know is not like other markets and doesn't allow to carry short position a long time