Hi people,
Very good explanations Jako behind your reasoning about how your chart works.
If some of you don't understand correlations it is how well stocks move together. As in one moves up an another does at the same time. A statistical measurement of this relationship is called a correlation coefficient where the closer the relationship to 1 (which is perfect) the better the correlation. So looking at the ironers and comparing them with each other you get this.
JG Jako's chart shows the short interest the same as mine but I have another measurement that looks at the proportion of shorts to longs. You can see it in the stars on the chart.
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