Stockbroker Sees Upward Potential For BTCL Shares

Since its listing in April 2016 at P1.15, BTCL’s share price has been on a rollercoaster, plunging at one point to 81 thebe and peaking at P1.85.  Analysts have attributed the swings to the dominance of retail investors on BTCL’s share registry, who are associated with impulse trading behaviour.

Due to the heavy presence of retail investors, BTCL’s performance has become the subject of speculation on social media, further fuelling impulse trading, a trend the corporation’s management has sought to discourage through greater investor education.