I have tried to analyse the behaviour of the market towards BTR since end of January 2012. I have taken the closing price and the opening price of every day and I have assumed that if the closing price of that day was higher then the opening price that then at that day we have seen more buyers then sellers (an vice versa). In the negative case I have attributed the volume of that day to the sell side and if positive then to the buyers.
No idea if we might some conclusions on the result.
Result / since 30. January 2012:
"positive" volume: 160 m shares / 191 positive days "negative" volume: 182 m shares / 241 negative days
Overall we have seen a positive trend till mid June 2013 and then clearly a negative trend.
The question here: have the sellers left the boat ?
BTR Price at posting:
26.0¢ Sentiment: LT Buy Disclosure: Held
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