Latest newsThis sounds cool! Very smart move by management to hitch their wagon to social media. Sounds like they will be able to uncover gems much like this
https://blogs.wsj.com/deals/2011/01/27/meet-the-microsoft-earnings-leaker-selerity/
"Our models are designed to find "hidden footprints" around a stock price," stated John Coulter, President & CEO of Titan. "Recent studies indicate that Twitter buzz can predict the movement of a stock prior to any official news being released by a company. MarketPsych is able to collect and score emotional sentiment based on a series of sophisticated behavioral algorithms. When we back-tested the data stream with our own proprietary research tools, we found a noticeable correlation in the probability of an event occurring. The addition of MarketPsych Data will enable our system to quickly pick-up unforeseen events and improve the quality of our trade recommendations."
"As an add-on to traditional trading models, behavioral data is the next frontier for traders seeking new rich sources of alpha. Until recently there was no authoritative time series of ticker-specific sentiment information from social media. MarketPsych Data is that source," stated MarketPsych Managing Director Richard Peterson.