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Gold/Mining/Energy : ASE short report

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To: David Carlson who wrote (12)	8/3/1998 12:50:00 PM
From: thomas gentry	Read Replies (1) of 104

David, Great information! Your new table format reads very easily. Could you let us know the units in which the totals are expressed? I assume that it's lots, but I stand ready to be corrected. One useful addition would be a "short-interest ratio" column (short interest divided by average daily volume) to tell us how many days of normal trading volume are required to cover existing short positions. If the number's too high (ten or higher) potential short squeezes become a real possibility. As SEDAR is currently considering different short-interest formats for all Canadian exchanges, it would be nice to see them consider your report as their de-facto standard. Again, great work. Thomas

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