Look to Twitter, not Google for investment tips

Discussion in 'Stock Market Forum' started by baudwalk, Apr 7, 2016.

  1. richc3

    richc3 Senior Investor

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    I typically use Google alerts to get immediate email updates on a particular sectors or companies of interest. Of course, there's a saying when it comes to stocks that once something is in the news it's no longer news. I haven't really dabbled into Twitter too much, partly because I find it's harder to filter and focus on credible sources, but I can logically see how in some ways it would be better -- it's easier to write a couple sentences than a full supporting article.
     
  2. nytegeek

    nytegeek Well-Known Member

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    Bah humbug. Twitter is a disorienting mess that has tried and failed to reinvent itself more than once.
     
  3. Onionman

    Onionman Senior Investor

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    I would have thought Twitter is as good a way to manipulate the retail market as any. Start a rumor and let it spread like wildfire. Yes, there will always be comments from trusted industry sources that can have an impact if the information is disseminated. But it's not hard to set up a bogus account and then get a story going.
     
  4. nytegeek

    nytegeek Well-Known Member

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    Twitter is a complete waste of time. I can't believe anyone would suggest looking to twitter for anything really. For data mining it is useless. You can't possibly get an accurate sample to draw any conclusions from.
     
  5. baudwalk

    baudwalk Senior Investor

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    Bitter, are we? Twitter, properly curated, is useful for me. Breaking news, from my observations, virtually always shows up on Twitter first. (Financial breaking news also shows up on StockTwits.) Now, do I accept postings at face value? No, but it prompts me to look. Comments by others above how to use Twitter are on target as far as I am concerned. But, different strokes for different folks. And I accept that. If Twitter doesn't work for you, that's fine.

    FWIW, the most recent Twitter activity that attracted my attention was yesrerday with news of the judge's ruling that effected a halt to the $SPLS and $ODP merger. It enabled me to go bottom fishing at a 40% discount, and some of us expect a reasonable bounce to a badly oversold $ODP.
     

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