RE: Almost impossible to buy ...6 Aug 2024 13:26
Hi Trenners an Kipper9
Just checked my Interactive brokers pro account shorts amounts used during the early part of the morning. The data is finally showing up. However, I cannot fully for its accuracy, but I believe is quite close to the truth and perhaps it explains why cpi is struggling to stay up.
Used to short 331,880 at about 8:15 and executed at 16.631p
Followed by 286,399 used to short at aprox 8:30am and the executed price was 16.631p.
Followed by 48,452 at aprox 9:30 executed at 16.549p
Followed by 203,806 at 9:40 executed at 16.52p
And 318,880 at aprox 12:05 and executed at 16.217p
Also 38,880 at 12:15 executed at 16.217p.
Overall insofar about 1.2million shares were used to short cpi at around those times above mentioned and seen executed traded prices which my best guess is when punters buy back after the shorts caused drop.
As there's no more seen after just 12:30, I believe that cpi will settle down for now obviously anything from elsewhere like the selling off algos could in theory push cpi down towards 16 or lower.