Mashable – A London-based investment firm is getting ready to launch a hedge fund using Twitter as a stock market predictor. Investors have been playing with the idea of Twitter as a stock market analysis and speculation tool for some time now.
After all, one of the first big hits in third-party Twitter apps was StockTwits, which features graphs and the ability to filter messages by company or stock exchange symbol. Startups like Chart.ly and Covestor operate in the same space, roughly. But this is the first time we’re seeing a literal and real application of cash to Twitter sentiment.
