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What is a good short interest ratio day to cover?
For traders, a short ratio between 8 and 10 days or even higher is considered an opportunity. On an occasion like this, the gap becomes difficult to be covered and the short sellers will be forced to buy and raise the price of the stock higher.
Everything I've read point to the days to cover being 4 or less, with many saying 1-2 days. You guys aren't close to MOASS. Pre-dilution, maybe, but not now after all the new shares. Sorry baggies.
For traders, a short ratio between 8 and 10 days or even higher is considered an opportunity. On an occasion like this, the gap becomes difficult to be covered and the short sellers will be forced to buy and raise the price of the stock higher.
Everything I've read point to the days to cover being 4 or less, with many saying 1-2 days. You guys aren't close to MOASS. Pre-dilution, maybe, but not now after all the new shares. Sorry baggies.
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74294540 : sure buddy
ZABGUS : no debt with 4 billion on hand and counting brrrrrr
