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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: OldAIMGuy who wrote (2880)2/1/1998 12:32:00 PM
From: WTSherman  Read Replies (2) of 6565
 
Tom, correct me if I'm wrong, but, don't you have to take into account the "two trade" issue with a NASD stock when calculating Volume Days to Cover? What I mean is that if there are 2M shares shorted, this is an actual 2M shares that have already been shown and somebody must buy to cover at some point. But, ave. daily volume overstates the actual number of shares transferred from one owner to another since NASD counts the MM buy as one trade and their sell as another....
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