No, the short ratio is used to determine the upward momentum (short squeeze) if there is a good catalyst.

That makes much more sense now, thank you!

That's a new concept to me, but it seems logical, and makes me think. Thank you for your time Bob.

Thanks Bob keep up the Good Work

@jesse2gunzz there are so many different strategies and buying options is actually not the best. i prefer to sell to collevt premium and let time erode the value and buy back at a certain % gain per the premium collected. focus on the probabilities of the trade. check into selling vertical credit spreads where risk is defined.

@INTIMIDATOR i'm hoping i won't be gone for long!

@huperauxano that's the long term plan ut when you also have to pay for a mortgage, truck, health insurance, retirement, etc....there is a lot to cover there!

@devask168 thanks my friend.

I know I want to short this, but am wondering do I need to wait for it to prove itself...I would if it were going up, therefore I think I do going down, too. It peaked at 10.54, rebounded to 9.50 after a bounce down to 8.25, closing 9.07. Seems proof enough. I would anticipate this opening, slight upside, maybe, then a plunge. I'm an fng at this, so, I suppose I'll see. Thinkorswim finger poised on the 'short' side. Does Thinkorswim give me 'reality' on shorting...do I have to plan as much

this has 15k+ watchers on stock twits. theres volatility there. short and long. i wouldnt see this stock going much furthe rdown, maybe a dollar. the short side wont be as profitable because the upside is much greater. you can see the same play in AKAO right now the stock still finished green on a PO with consistent volume more than $AAPL this is an opportunity to get in before its too late. im long obv and i maybe be wong. but look at this too http://nakedshortreport.com/?index=AUPH and match

..it all up. TIM didnt day trade this well and i dont have his long term news letter but i hope he has put this in it

$TGTX too had an offereing and closed up the next day

Shorts, days to cover is just a number that I use as a guide. Shorts don't have to cover. I find the number by dividing the reported short interest by the 100 day average volume to give me my number. (days it would take all of the shorts to ocver their position if it was average volume and they were the only buyers). Under 5, not much effect. 5-10 and associated with a catalyst, it will add momentum to the trade. Over 10 and a catalsyt, let the fireworks begin.

love your watch lists --> very simple and straight to the point

thanks

Yup ! Awesome and thanks for sharing

@ .0169 up 658%...if you sold at HOD @.0198 thats 8,400 profit

i was in at 0.006 and sold nearly at .02 today.. 200+%