Replies to post #207312 on Wave Systems Corp. (fka WAVXQ)

[waverider]

jermart, you don't need to explain the technicalities of shorting to me. All I was saying is that I expect you guys to try to drive the price down prior to the CC, at least 1 more big shot at it anyway and then it will be a good time to buy.

end of conversation from my side at least.

[24601]

Fair enough -- except for the bold-underlined nonsense you insert in the middle, which flatly impeaches your supposed understanding of the valid points that precede and follow it.

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"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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