Will anyone use an app that publish the poll results of 'buy', 'sell' or 'hold' recommendations of shares (i.e ASX 20)?

We are hoping to create an app to provide an alternative snapshot of the share market to support decision making based on general public wisdom. Improve understanding of market sentiment and speculation.

Thanks in advance for your comments!

Comments

  • Sure, if it will beat the market.

    Will it?

  • Whom are you polling?

  • If the app allowed active traders to check on, and vote on their favourite shares, everyday. It might be useful to indicate market sentiment.

    http://www.digitallook.com/index/ASX_200
    See the last column 'Broker Rec'. Most Equity recommendations are derived from a very basic formula, and/or automated. Basically not useful, at least to me.

    Would use your app if similar to above, representing current trader's views dynamically.

    Anyway good luck.

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