Wednesday, April 06, 2011

BBC News - Twitter predicts future of stocks

Also see “Wealthy Turn to Social Media for Investment Help” (NYT)

Twitter may not yet have found a way to make money for itself but it is doing a good job of generating cash for its users, research suggests.

A study conducted by a PhD student at the Technical University of Munich found that investors following stock market tweets could have achieved an average return rate of 15%.

BBC News - Twitter predicts future of stocks

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