Social media sites increasingly mirror, predict and influence the international stock market. The new StockMinr website provides incredible insights, financial news and stock analytics that accurately predict trends.
PRLog - Oct. 1, 2013 - BROOKLYN, N.Y. -- A Brooklyn programmer, developer and designer has launched a new website called StockMinr.com that charts financial news, trading opportunities and stock trends by analyzing the Twitter fire-hose, blogosphere, financial news networks and other social media sites to create graphs of financial activity, detect positive and negative trends and share insights with investors in the financial community. Mr. Yehuda Yefet of Brooklyn, an accomplished app developer, Web designer and entrepreneur, proudly announced the new site and investment resource called StockMinr.com. The site is among the fastest growing in the nascent social stock analytics industry, which proponents suggest works astonishingly well at predicting tendencies and gauging the pulse of the financial community. The cutting-edge technology produces real-time graphs and actionable intelligence that work as research tools for investors. The new site has accurately predicted the Dow Jones 30 Index's direction consistently, and it predicted that Nike would beat its earnings predictions, which has proven accurate.
The Twitter IPO Illustrates Social Influence on Investing
Increasing numbers of experts rely on social media not only for insights but also investment opportunities. “The Twitter IPO is a case in point,” explains Yefet. “Twitter has filed for its initial public offering after having learned the lessons of Facebook's troubled entry. Twitter's format is ideal for sharing quick Tweets in the financial community and keeping current with fast-moving trends. Twitter's Tweets get retweeted among powerful movers in Silicon Valley creating buzz among the venture capitalists who backed Twitter and are betting on a successful public launch.”
Financing for Twitter is generating more excitement among savvy investors because the company has seemingly learned lessons from Facebook's initial troubles. Twitter has capitalized on shorter attention spans in the communications age and the desire for instant communications among CEOs, company presidents and financial gurus as well as socially connected kids. Twitter is expected to earn $583 million in 2013 and more than $1 billion next year. With those kinds of numbers, launching an IPO to raise capital makes perfect financial sense. Twitter hasn't waited as along as Facebook did to go public, so the company should enjoy a faster launch and higher initial surge from its IPO, and social media monitoring confirms the excitement that investors feel about the stock offering.
Of course, Facebook has recovered a lot of ground since its launch. Facebook founder Zuckerberg waited more than eight years to offer a Facebook IPO, and the initiative generated so much hype, publicity and prelaunch money movement that the actual event proved somewhat disappointing. However, a year later Facebook has regained its strength and topped $45 per share, which more than doubles its initial value of $50 billion. The social media make good investments because they attract actionable intelligence that savvy investors are increasingly inclined to monitor. In fact, social media open up conversations among traders and corporate chieftains, and even the staid London Stock Exchange has begun monitoring social media to gain human intelligence on financial issues. The new StockMinr.com offers up-to-date information that investors find invaluable for handicapping financial trends.
StockMinr founder and developer Yehuda Yefet has a strong reputation in the New York City area among Web developers and fellow entrepreneurs. The new site has already claimed leadership in the emerging field of social analytics, and this free online resource posts information on financial news, trading opportunities and financial trends in easy-to-view charts and graphs. Viewers can sign up free for the daily newsletter and receive a STEALTH Trade Alert each day.
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StockMinr Guides New Era of Investing Insights Ahead of Twitter IPO
October 01, 2013 at 09:30 AM EDT