Replies to post #166427 on Triple 000 and Sub-penny Chart Plays

[trader53]

BGFT - The Days to Cover Process


BGFT - The longer the buyback process takes

as referenced by the days to cover metric,
the longer the price rally continues
based solely on the need of short sellers
to close their 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 two days.


https://www.investopedia.com/terms/d/daystocover.asp


The Short Selling Process: Days to Cover
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142945856

_________________________________________________________________


BGFT - Short Report Shows Shorts are Covering!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142945843

________________________________________________________________