Distil Share Discussion Threads

[acdc52] 23/5/2017 11:19

100m shares at 3p would cost £3m, I wonder what impact it will have on it's share price?

[alcoholtradebuyer] 23/5/2017 09:07

I think one or two of you already in STCK. Still holding here, but diversified with profits made in to Stock Spirits STCK

[dante17] 23/5/2017 08:14

On a day like this, one can only ponder on the state of society and the monsters that hide amongst us. May the souls of the deceased RIP and may the organisers of this outrage be caught.

[acdc52] 22/5/2017 21:56

I think 190m shares are free floating.

[dante17] 22/5/2017 15:11

The making of RedLeg bottles...

[berny3] 22/5/2017 14:25

acdc that is 50% that does not like it is going anywhere

[theunluckyone] 22/5/2017 13:26

Some people are trying hard to not let this share price go up

[chinese investor] 22/5/2017 13:13

Great Day !

3.9p Soon !

[acdc52] 22/5/2017 13:00

I wonder, out of 500m shares how many are available to buy?

[berny3] 19/5/2017 13:51

It looks like a cancellation trade. Maybe a cancellation from yesterday.

[onedayrodders] 19/5/2017 13:26

tut tut .. that 68k sell under the bid is pretty novice trading

why sell .. and if you have to why accept under the bid

oh well .. market made up of all sorts I suppose

[baticle] 19/5/2017 12:09

I'm no chartist someuwin but it is looking good for a bounce off the trend line

[someuwin] 19/5/2017 11:46

Next leg up starting?

[buoycat] 18/5/2017 23:39

Thanks for link. I'll read tonight!

[buoycat] 18/5/2017 23:36

But that assumes all orders have to be filled. I could put in an order for a million shares in distil at 3p but it won't be filled at the current price of 3.3p.

[haggismchaggis] 18/5/2017 22:56

Errrr, no. A Market Makers job is to make the market work, not to dictate what the stock is worth.Sharp movements are most likely big orders that need to be filled. For example, a fund makes a deal with an MM, via their broker, for 10m shares at a maximum of 5p per share. The stock price prior to the big order is 4p. So the MM immediately moves the price up to 4.5p, hitting limit sells and encouraging short term traders to offload the stock. The MM can walk the price up and at the same time limit how much they sell to other buyers (often seen in BB posts such as on DIS, where people say "only being offered 2000 shares", or "can't get a price for any amount if stock"). Later on all the delayed trades appear, blocks that are subsequently put together to fill the big buyers order.

[buoycat] 18/5/2017 22:20

It's a cart before horse thing. Surely the MMs will take stock onto their books at the price they judge buyers will buy at. They are market makers. There's little point them taking loads of stock at 4p if buyers are sniffing around at 3.3p for example. Frequently a stock will change price sharply with no trading at all.

[buoycat] 18/5/2017 22:12

But surely if the

[haggismchaggis] 18/5/2017 21:13

You're missing out that the MM's are the buyers and sellers of all the stock, and they must hold a minimum inventory of the stock (to maintain a liquid and orderly market for the stock) in order to be an MM for that stock.The price fluctuates with the increase and decrease in the size of the MM's inventory, that is the core of supply and demand.If an MM can't match a buyer and seller they still have to give a price to a buyer or seller when a quote is requested, and they still have to make the deal if they are offering one. Say a lot of sells go into the MM's inventory, the MM is not seeing enough buyers to pass the stock to, so they drop the price to 1) encourage buyers and 2) to discourage sellers unless said sellers are willing to accept a lower price. And so on.