‘How Companies Use Social Media To Pick Stocks’ – ‘ReadWriteWeb’
The latest post on ‘ReadWriteWeb’ is titled “How Companies Use Social Media To Pick Stocks”.
Dave Copeland says, “This week Topsy Labs Inc. released a report claiming its model was able to predict a drop in Netflix’s share price after it decided to split its DVD rental and streaming video services by tracking phrases like “just canceled my Netflix subscription.”
It’s arguable whether investors really needed a sophisticated sentiment measuring analyses to predict Netflix’s shares would drop after what has been called”.
How Companies Use Social Media To Pick Stocks
ReadWriteWeb
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