Last night, real-time financial-news network StockTwits celebrated its second year at a rooftop bar in midtown Manhattan. To promote the event, the company released a clip from Wall Street--the famous scene where Gordon Gekko espouses to shareholders about the virtues of greed--with StockTwits CEO Howard Lindzon blue-screened over Michael Douglas, giving a dubbed speech which played off the original lines. The message was clear: StockTwits aims to be the modern platform that traders rely on--an iPhone app to replace Gekko's bulky 1980s-era cell.
"The point is, you Fast Money [and] Yahoo's, StockTwits, for lack of a better word, is good," boasted Lindzon.
Among the cocktail chatter and victory-cigar smoke, the celebration made it seem as if StockTwits had already overcome the company's enormous competitors CNBC and Yahoo. But as Lindzon explains, StockTwits has a long way to go.
"Audiences now are fragmented," Lindzon says. Referring to Mad Money's Jim Cramer, ...
Nice Job Howard! and... like the new hair style...
stocktiger 9 months ago