Bath, OH (PRWEB) July 14, 2010
New financial application aggregates information, including social media mentions, of publicly traded companies and world markets.
Investors and traders, skeptical of information from “traditional” sources, increasingly rely on peer-to-peer-shared financial information on social networks. Stock.ly harnesses the power of all forms of data, such as articles, charts, and videos.
When a Stock.ly user shortens a link, they are submitted to the Stock.ly user community at the same time. Once submitted, users can comment, share and drive the information up and down on the website in a similar manner as Digg.com users do.
Stock.ly CEO Anthony Davian, himself a hedge fund manager and active social media user, saw the power of a branded shortened link as the backbone of the site. “People shorten links to share and track them on Twitter, Facebook, email, and other peer-to-peer networks. Stock.ly empowers the user community to decided what information is the best, which ‘democratized’ the editorial process,” says Davian.
Stock.ly has its own data stream that runs parallel to Twitter. Investors and traders who do not want their Tweets on search engines can use Stock.ly as an alternative because updates will not be sent to search engines.
Stock,ly’s Profile HQ page allows users to follow other professional traders that provide relevant and timely content. Alpha user Daniel Shy, said “I'm a market professional. I don't have time for trivial market information. Stock.ly allows me to customize a follow list that allows me to see relevant and noteworthy market-related news by sources that I've come to trust.”
Stock.ly serves individual traders/investors as well as market professionals. After links are submitted to the site, the Stock.ly user community then “bulls” or “bears” articles. This drives the best content to the top and the weakest content to the bottom. Breaking news can be seen in seconds, not minutes.
Hedge fund managers, investment bankers, analysts, and others who blog, share charts, and post updates via the Stock.ly stream and Twitter provide retail investors who watch the Stock.ly stream with professional-quality information.
Institutions and professionals can also build community rapport and dialogue. Stock.ly allows these groups to build a brand image and a
trust among users.
Stock.ly provides access to publicly-traded companies in the US, London, Toronto, and Australia exchanges.
About Stock.ly: Stock.ly is a privately-held company based in Akron, Ohio. Headed by CEO Anthony Davian, who is General Partner of Davian Capital L.P., the company opened its beta to the public on July 8, 2010.
Media Contacts: Anthony Davian 330.664.9729
Stock.ly Inc. PO Box 60 Bath Ohio 44210