Good, because the key to being a good trader is....
knowing how people think. Yes, it is no news that the site is not the most truthful in the world. However, I think it is very essential. Reason being that I hear all the time things along the lines of since such and such happened, the stock should have plummeted or skyrocketed. One of my phylosyphies is that "shoulds" are worth nothing in short term trading at least. Reality, however is. Rather, right or wrong, should or should not, all that matters is that a stock is up or down. Stocktwits is great for seeing how others are reacting to it. A company could have the greatest news. However, if no one is excited about it, than it WON"T move prices in the short term. Even if people are ignorant, they are the ignorants that can and do move prices at times. Yes, there are legitimate and smart reviews as well. I would still, however, choose something along the lines of the Wall Street Journal for smart and legitmate reviews over Stocktwits. Stocktwits should not be your source for that at all.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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