Why didn’t we think of this?
Instead of spending hours scanning business pages and investment websites for stock tips and company deets, it would be a lot easier—and more fun—if you could follow a few great minds on a financial version of Twitter.
Now you can: StockTwits puts you smack in the middle of experienced investors who swap up-to-the-minute market analysis, opinion and news into a mere 140 characters.
If you’re a fairly savvy investor, StockTwits is a great way to dig deeper into companies you’ve got in your portfolio—or plan to buy.
If you’re new to the game, it’s a great way to get the hang of all that marketspeak.
Hint: For newbies, enter the ticker symbol of a company you find interesting—Whole Foods ($WFMI), Best Buy ($BBY), Target ($TGT)—and click through the StockTwits stream to see what’s going on. (Who knew Borders Books ($BGP) was on death’s door? We do now!)
Yes, the community is mainly guys, but so is Wall Street—and there are plenty of stand-out women to follow:
Just as you would on Twitter, you can follow Patty Edwards and Kristin Bentz on the retail sector; Raghee Horner on currencies; or absorb some tricks of active trading from Maribeth Willoughby or Anne Marie Trades.
Or just sit back and tune into the best of the community on the StockTwits Suggested Stream.
Stock Talk for EveryoneComments
- By MP Dunleavey
- February 03, 2011
Why didn’t we think of this?
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