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Gold/Mining/Energy : Titanium Metals Corp (TIE)

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To: PuddleGlum who wrote (92)6/9/1998 9:06:00 PM
From: Shane M  Read Replies (1) of 229
 
pg,

Be careful with your assumption of short covering. The AAII database shows that on 3-9-98 there were 18.2 days of shorts, and on 4-7-98 there were 9.5 days of short intererest. Over 8 days of short covering went on in between yet the stock fell from the low $30s during that time to mid $20s.

FWIW,

Shane
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