TSXV:TTA - Post Discussion
Post by
suave41 on Feb 22, 2011 11:51am
Latest news
This 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.
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