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Re: Ziptrader0 post# 138376

Saturday, 03/23/2019 10:38:20 AM

Saturday, March 23, 2019 10:38:20 AM

Post# of 193129
“Shorting” in the OTC is usually misunderstood and wildly exaggerated at times. Especially the notion of “naked” shorting.

One of the key numbers to watch is the “days to cover” which correlates the short interest with the average daily volume. So if the average daily volume of a stock is 100,000 shares and the short interest is 200,000 then it would show as “2 days to cover”. Short interest isn’t really an issue until that number gets close to 5 and becomes significant above 10. As an example Tesla runs between 2-7 days consistently.

I don’t think Verb has spent much time above 2, if at all...and has mostly been below 1.

Nasdaq could be quite a different story.

"Harsh reality is always better than false hope"

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