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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Lachesis Atropos who wrote (11722)7/19/1998 10:41:00 PM
From: Seacat III  Respond to of 18691
 
To all, RLAXY almost doubled in price from 7 to 13 in one week. Does anyone know if this rise is warranted or is this stock a prime short candidate?



To: Lachesis Atropos who wrote (11722)7/21/1998 3:31:00 AM
From: Lachesis Atropos  Read Replies (1) | Respond to of 18691
 
Anyone? Ratio = Shares Short / Avg Daily Volume;
it may be used as a rough measure of days to cover.

What does the above mean? I know what cover means, but fail to understand how the ratio has any thing to do with amount of days to cover. For example, If I bought 10000 shares then shorted and 10000 shares does that mean volume would be 20,000? Which of coarse would be bs.

What do larger values imply as apposed to low values?

Lachesis


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