Shares Bought v Sold that day

Rhymsta

Looking at the share info on the HL website next to the broker recommendations chart is a line that shows how many of the company's shares have been bought and how many sold. It might show 60% Bought v 40% Sold for example.

Probably a silly question but why doesn't this always show 50/50 if there is seller for each share bought?

brendon

It's a good question, and I don't know the definitive answer as the website is quite vague. However, I suspect the graph is actually showing the number of buy and sell orders, rather than the actual buys and sells.

sabretoothtigger

Figure that one out and you'll be a millionaire soon after me thinks


The share is sold if its price passed is closer to the bid then the ask and vice versa.

Marketmakers decide the bid ask prices and also the order book. On an aim share the only prices and so dealing might be via this computerised fake price, the real worth is anyones guess.
Generally if marketmaker is buying the share is going to go down in price as its not a real buyer. Actually knowing or feeling this movement in a share is a bit of a skill and order books are often gamed by fake bidders who have no real interest at their stated price much like a real auction, much chicanery is out there

IE. HL is guessing. I bought some shares earlier, iii tells me the order was a sell anyhow. great, I think that means I got a decent price?

dale_cotterill

Could it be the transactions placed exclusively through HL. i.e from their own internal data?

bowlhead99

sabretoothtigger wrote: »

IE. HL is guessing. I bought some shares earlier, iii tells me the order was a sell anyhow. great, I think that means I got a decent price?

Haha yes, whenever I get to buy under the mid price I always kid myself that i just got a great deal, too

Of course in reality it just means that someone was quite willing let you buy off them for not very much money. You can read the future direction of the share price from that if you like, and then it doesn't have the same positive ring to it!

Basically the offer price is the max amount you would need to offer for an order to buy a chunk shares of "normal market size" to be definitely accepted. Likewise if you were selling then there is at least one market maker that would bid to take a NMS amount of shares off your hands at the bid price. The NMS is determined by the stock exchange based on average volumes.

In reality, depending how much you're actually buying or selling from one moment to the next, you might get well inside that published bid-offer spread. Any of the sites giving trade history information are only *guessing* that the driver of a transaction at 299p was someone wanting to sell, if the bid-offer spread was 298-302p.

[url]Http://uk.advfn.com/Help/help-trade-reports-1835.html[/url]