The Twitter equivalent to financial news and information, Stock Twits, has recently released an iPhone app for its website. The app has the same functionality of their flagship website, which uses Twitter’s API to relay financial decisions and analysis within 140 characters to the public. It will incorporate its Chart.ly web service that was specifically designed for StockTwits. Chart.ly will allow users to see screen-casts and charts streaming from traders and their investment strategies.
We really like StockTwits. We use it as a real-time crowd-sourced investment idea pool. If we see enough updates with the same symbol and trading transaction, we pay attention. This strategy usually leads us to discover a valuable company to put on our watch list.
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