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by Terretta 1050 days ago
> Typically, people search for a company after a price move rather than before.

People search for a company for a reason, generally to inform a thesis towards buying or selling, and regardless of their thesis, there will generally be a price move when they act.

> And these are searches on publicly available data, ie data that is not proprietary and already filed with the sec.

Of course. But the information that someone is interested is not public, so you are crowdsourcing indication of interest.

Effectively you have a leading indicator (however soft) for order flow.

> Needless to say, none of the chat traffic is used or will ever be used to feed any trading signals for anyone.

Point is, it's not "needless" to say, it's "needful". And something other than "trust me" would be in order.

1 comments

Thank you for the advice, will implement accordingly.