Bombardier Inc. T.BBD.A

RE:RE:RE:RE:RE:RE:RE:RE:RE:INSTITUTIONAL BUYING

[Starsearcher80]

Just to clarify one small point.  I didn't say the consolidated numbers were irrelevant.  I said the total short position, at 1.1% of the total float was essentially irrelevant.  And back to the original point, the 300+k added via house 1, AFTER the rise, I think does add colour.  It doesn't really matter if it is further short covering or long shares.  In both cases, the move to act is motivated by the same belief that the share price is going higher.  Shorts are motivated by fear that it will go higher. Longs are motivated by positive belief.  Regardless, it's all good in my books.

clubhouse19 wrote:   I don't think I misread the numbers 
No matter , the daily short trading that includes those trades that are used to cover in effect are part of those shares that you include as net increases in institutional buying. The report you pasted I presume you meant Aug 15To Aug 31.
The same period of the trading summary shows for Aug15 - Aug 31 1.87 million shares shorted or 32.4 % of the volume/
  Now these 1.87 shares shorted would have had to be covered .

    You take the consolidated report that you show as a reduction of 71k for the period but there was 1.87 million shorted during that period. Broker 1 sold 1.97 million during that period .
So the numbers are not clear cut as we don't know how many of those 1.97 million are shorted by broker 1 that are included in those 1.87 million in the summary report.  

These numbers are intertwined and just going by the net buys or sells does not tell the whole picture IMO.. The trading summary numbers show that the shares shorted and covered in that period are included in that 300k net as you show as they all show up as trades which would include broker1. 
Only if you subscribe to the TSX can you get those numbers shorted by broker1 and what part of that 1.87 million.

  As you say..the consolidated numbers for all intents and purposes is irrelevant

  What is interesrting is that it tells is numbers of those shorted shares were covered during that 2 week period total shorted minus the short position for the same period.

  I take interest in these numbers and saying that using the buys and sells as a definitive answer through broker 1 of what instituions are doing is not accuerate enough in my books.

 To each his own I guess !

Starsearcher80 wrote: Club, respectfully, you're misreading the numbers and the associated dates.
You're speaking about the period of Sept 1 to Sept 15.  Ok.  But the 949k short is for the period of October 15th-31st, i.e., the period two weeks BEFORE Sept 1 to Sept 15.  Here it is, with the date highlighted.

Short Positions for BBD.B

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : BBD.B	2022-08-31	949,359	-70,941	85,224,307	1.11

It's also worth noting two other things:

1)  The short position as a percentage of float is 1.11%, which makes it effectively irrelevant.

2) The total short volume is pretty much a useless piece of info.  For example.  If I short at 10am and cover at 11am the same day, it gets reported in the total volume. But here's the question that begs to be answered. "So what"?  It truly makes no difference to anything, and provides no data of value. Far more relevant is the net change in the given two week period, which is more representative than the tally of the ad naseum in and out.  In that case (using the period above as the example), the short position shrunk by 70,941 shares.

And just for additional curiosity, in the two weeks prior, which was the rise in Bombardier, the short position shrunk by 242,700 shares.....which makes sense.

Keeping an eye on the report every two weeks does add greater value, but even that is annoying as the data is two weeks after the fact, which also diminishes its value.  Every so often though, it does provide clues and insight to whats coming.

clubhouse19 wrote: In fact
the shorted volume between sept 1 and sept 15 was 1.27 million shares or 23.7 % of bbd.b trades.  These numbers are  not reflected in the monthly consolidated report where iot shows only 949k as a short position.
While the 2 week  summary report would equate to 2.54 million in shorting needing to be covered.

clubhouse19 wrote: Star there is shorting going on every day as demonstrated on the shorting summary reports  that come out every 2 weeks 1 day delayed  Shorting is part of every day trading where it is shown now that shorting has become over 20 % of the daily volume while in the past was near 40%,.
Shorting has become a major  mainstreamm trading with very lax regulations that make it easy with naked short to boot.
  All this for the sake of volume and trading revenue 

  Personally I don't take those net buying numbers very seriously for now.

Starsearcher80 wrote: Club the 300k+ shares does not include any of the upswing. It is after the upswing, and the 300k share count being during the period over the past few weeks where the market has fallen apart. So no, this would not include covering as that would have been in the period prior, which was at that time, the upswing.

clubhouse19 wrote: I agree its institutional but traders nevertheless. 300k is not a great number for the period  during this upswing. You would have to presume that the number would include short covering also. What portion of that 300 k is net buying by institutions is another thing  Still much to  go imo..and that is not meant to rain on any parade. This is going to have massive volatility until the overall  sentiment change is confirmed and  with time and hoping the avoidance of a recession.
That's how I see it for now and for the immediate future.