When I see you guys like the Seller I( See attached image) this guy on a Friday afternoon with what started as a 300,000 Sell order, I breathe a sigh of relief in a way.
As for a start this guy/girl is clearly is not a professional trader or has any idea of price manipulation or getting a better exit price for his/her holdings...
If he or she had any sense he should have broken down the order into smaller chunks and paid the extra brokering fees which shouldn't be more than $350 for all the smaller trades and ended up with a better exit price.
I think he/she just ruined a green day for BTR and scared off a few punters that were still sitting on the fence about selling or waiting for next week. But that big sell order now could get them to press the sell button earlier and drive the price even further south...
Just me thoughts after a pretty dismal week for all BTR holders.
Have a good weekend everyone and till next week for another round on the BTR roller coaster ride...
BTR Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
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