Question…Is Tweeting Your Trades Pumping Stocks?

Jason CalacANUS can’t seem to get Stocktwits or I out of his head these days.

He has time on his hands as Mahalo goes nowhere and he himself burns investor monies.

Specifically, Jason tweets:

JasonCalacanis: @answers How soon before the SEC looks into @howardlindzon + stocktwits? Is tweeting about your trades pumping stocks (feels like it)?

I have said it before…I look forward to the time when a tweet from someone on Stocktwits can move a stock. They will have earned the respect of enough legitimate people to be followed.

CNBC has the ability to move stocks. It does so every hour of every day.

I have no idea what tweets are coming next and I just try and disclose most of my fund’s positions and occasional trades in ETF’s and leading and liquid momentum stocks.

I don’t talk small caps and Stocktwits does not even recognize penny stocks and Nasdaq Small Cap stocks in our system (except for all the banks that were once large caps).

We take this stuff incredibly seriously and we are proud of the integrity we have brought to the financial market community with the help of the twitter platform.

Jason needs to focus on returning investor’s capital and not ridiculous inflammatory innuendos. Unfortunately for his investor’s, he won’t.

2 comments

  1. Pingback: Web Media Daily – July 29, 2009
  2. Pingback: Out Of Focus — Chart Shark : Day Trading Strategies

Comments are closed.