> Using PRAW to get counts of ticker mentions in some subreddits isn't super interesting, at least in my eyes.
Just to clarify, this isn't what is happening. And I agree that's not interesting. It's measuring the response to mentions and that's the score we save (we call them impressions). It's like that saying "if a tree falls in the forest, does it make a noise?", if a post goes unseen, will people still buy the stock?
We also don't just release the top X number of stocks that we recorded per day, we're looking for patterns in the data and this becomes the interesting stocks of each day, which then go on to be validated.
> that suddenly a group of people will all randomly pick the same tickers to start hyping up
Of course not, like you said: it's memetic. Sure it can start off coordinated but when it goes viral its self-perpetuating. Those are the kinds of patterns I mention in the last paragraph. You can see these upticks, the strength of them, and try to gauge how sustainable they are.
Here's me semi freaking out about BBBY just before it really ran:
Just to clarify, this isn't what is happening. And I agree that's not interesting. It's measuring the response to mentions and that's the score we save (we call them impressions). It's like that saying "if a tree falls in the forest, does it make a noise?", if a post goes unseen, will people still buy the stock?
We also don't just release the top X number of stocks that we recorded per day, we're looking for patterns in the data and this becomes the interesting stocks of each day, which then go on to be validated.
> that suddenly a group of people will all randomly pick the same tickers to start hyping up
Of course not, like you said: it's memetic. Sure it can start off coordinated but when it goes viral its self-perpetuating. Those are the kinds of patterns I mention in the last paragraph. You can see these upticks, the strength of them, and try to gauge how sustainable they are.
Here's me semi freaking out about BBBY just before it really ran:
https://twitter.com/0xsmcn/status/1558770400095502336