How accurate are BAM Investor’s stock predictions? Check Twitter

Posted on September 19, 2009

bam-investorBAM Investor, a company that provides stock market predictions to hedge funds, boasts that it has an “uncanny” record of predicting crucial market shifts. Of course, if you’re one of the institutional investors buying predictions from BAM, it’s hard to know whether to take those claims seriously. But now the company is making its predictions public — on microblogging service Twitter.

BAM Investor says it will use its Twitter account to tweet all of its market predictions, which might focus on specific goods, like crude oil, or on specific companies. The free advice will go out for a month, starting Monday. (The company has published a few test tweets already.) That should be enough time for potential BAM clients to gauge the accuracy of the predictions. And if you’re an individual investor and the predictions make sense, hey, that gives you a month to do some trading.

There’s already plenty of stock market conversation on Twitter, which is captured by the StockTwits service, but BAM Investor says it’s the first financial model company to publish its predictions on the microblogging service.

“BAM,” by the way, stands for “Behavior Analysis of Markets,” which predicts market behavior based on “human behaviors and social movements.” Using this model, BAM says its successes include correctly predicting a crash of crude oil prices when it was at an all-time high, and recommending the purchase of Ford stock in February, when it was near what turned out to be its lowest point this year.

Digital Venture BeatOriginal post here: Digital Venture Beat

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1 Response

  1. Haerrassi
    October 12th, 2009

    Excellent site. It was pleasant to me.,


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