How about a service that makes material nonpublic information public so people can trade off said information.
I call it "Boiler Room".
Its essentially Twitter for stocks. It makes markets more transparent.
Make it happen, I'll subscribe
>>1440190
Is it legal?
>>1440361
that would be insider trading so no.
>>1440361
I will make it legal
>>1440190
you just invented stocktwits. congrats
>>1440190
>How about a service that makes material nonpublic information public so people can trade off said information.
Nigger what?
How would you get people with real information to post on it?
What motivation would they have to do so?
If you don't vet your users then it just becomes speculation and conjecture just like any other community.
Sounds good in theory, but It would just become a re-implementation of Yahoo! Finance message boards.
What are insiders' incentives for using this service? The only people it would appeal to are idiot "investors" and "analysts" trying to shill their shitty stocks...just like Yahoo! Finance message boards.