The number is a guide. It is found by dividing the short interest (as found on Yahoo Finance or such) by the average 100 day volume. Assuming shorts were the only buyers and all the shorts tried to cover, that is how many days it would take for them to cover. From 0-5 not really that signifcant of a factor. 5-10 and on good news or technical break out it ould add momentum to a trade. Over 10 and the fireworks could start on any kind of significant news.

Deshacled - Thanks for the feed back. It is greatly appreciated.

Thanks bud, was lost a bit with no research yesterday :P

APRI im was watching that as well, thanks for sharing

Screw luck, focus on good patterns, cut the BS

agree 100%

I'm stuck with 2000 of that ANY crap!!!! Bout it at .40 during pre-market and don't know what to do!! Tim what you think!?

@Phipps_308bandit Good luck to you, I know how it feels to work for an "a$$wipe".

Make sure you don't let the daily $ gains drive you to taking riskier trades with lower rewards. Stay focused on the gimmes and don't experiment. Trade safe, Trade scared. Best of luck to you!

Heck yeah! One stop shop!

no plan b

Focus on learning and getting good plays with real money (robinhood is free with no commissions so its good to learn with nd trade small/big) Little by little youll see what works for u, a lil losing streak wont hurt u cuz u know ur never going "all in"

Btw i got out of LEI for like a lil $50 profit today ha, i was in yesterday at 1.33

Man i hate that PDT rule SUCKS... i went over one time because i didnt know that because I brought shares two time in one day and closed at end of day it was considered two. Luckily, etrade gave me a complimentary disregard and I have made sure i never go over again.

You just need more patience, Rome wasn't built in a day