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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Saulamanca who wrote (3315)8/27/1999 3:49:00 PM
From: Dave O.  Read Replies (1) of 18137
 
< Several veteran Wall Street traders said that one sign of illegal shorting occurs when the daily trading volume in a stock far exceeds the number of shares available to the public, known as the float >

Seems if day traders were trading the heck out of a stock and with double counting on NASDAQ that it would be certainly possible for the shares traded to exceed float. Or am I wrong?

Dave
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