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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: asker2 who wrote (54968)7/17/2000 9:59:37 PM
From: ChrisJP  Read Replies (2) | Respond to of 150070
 
Hi asker2,

The idea behind the ratio line is to compare the short position against average daily volume. So if the ratio were 5, then it would take 5 DAYS OF SOLID BUYING for the shorts to cover entirely. To see the power of this, check out the short interest for EGGS and look at its trading Friday and today. And with some wishful thinking maybe a little more before they announce earnings.

NAVR -- same deal.

As for finding a site that reports short interest on the OTCBB ......... I seriously doubt you'll ever find one.

Regards,
Chris