Why am I not able to fill my buy position (shorting strategy)?

Hi, yesterday I shorted a high liquidity NYSE share that for about 35 minutes went -12%. During that time I tried to trade all the shares (buy) at market value (MKT ie no LMT order). I was not able to fill the position. After this the stock bounced back +>15% and I was not happy.

I was just trading for USD 1000 (small amount) so Im a little confused why I was not able to exit my position when there was so much activity for such a long time period at market value. Any ideas? And suggestions how to exit / buy the next time?

 

Did you ask the broker?

 

You have a wrong concept of "high liquidity".

 

What stock are you talking about?

 

Hi it’s HZN

 

What price and time did you go short and when did you try to get out? I will take a look to see if there is an explanation.

 

OK, since it’s traded on NYSE I assumed high liquidity

 

Thank you 7th Aug 09:45:37am price 4.50

 

When did you go short? I am assuming 4.50 is the price you eventually got out taking a loss?

 

Hi thank you for your help. I actually still hold the position. It was sold 7th Aug 09:45:37am price 4.50 then I immediately put in a buy order mkt as the P&L was good but nothing happened and then it started going in red as you can see from yesterday’s development