"Research into Twitter's utility as a news feed for making stock market decisions has turned up something odd: Following Twitter is almost as good as taking dedicated analysts' advice when it comes to earning profits." http://www.fastcompany.com/1745015/...ket-news-feed-that-matches-financial-analysts Sprenger's site: http://tweettrader.net/
There must be a way to manipulate the data traffic on Twitter in order to have bogus users widely disseminate the names of publicly-held companies to then bring about desired trading activity that can be front-run. The Twitter "edge" can't last for long. We'll see.
my secret is out. following the twats on twitter is like finding a goldmine where you thought only an outhouse lay. you ever see the actually commentary on stocktwits? makes et look like a Goldman trading desk.
read the egghead paper, see if you believe http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1702854
Ya I have seen comments about this for a while.. The problem is that when your homeboy rapper says buy dumbo solar panels... and there are only 100k shares to buy within $1 of that price, you have a problem. Its called Liquidity. Strategies that don't scale don't survive the litmus test.
A member has posted "Could you put just positivity in your mind and spread the good things of this world". 16 years Excellent track record/performance http://www.elitetrader.com/vb/showthread.php?s=&threadid=217418