http://mysite.v...net/stockbuddy/

What retail investors are longing for are in a way – Personal Digital Assistants that encapsulate all that information overload into a simple digested answer – what to buy or sell, and when.

As pointed by others, sharing knowledge can practically dissolve a person’s profit advantage. However, sharing other resources for a mutual purpose that is beyond the scope/capability of a single investor) such as gathering available computing power as a powerful decision support tool can be both rewarding from a social perspective, and from a profit-taking perspective once you get the calculated results. This is exactly the concept behind GStock.com, a virtual supercomputer for calculating best performing strategies per stock.

The outcome is that users can see simple BUY and SELL signals for their preferred stocks – practical metrics, and not information overload. These signals are based on best found strategy for that stock, and the computing power for finding that strategy, which anyone can now use freely, was enabled by people volunteering some of their available CPU power. Try it. It’s free. http://www.gstock.com

If this would catch on, the possibilities to mislead investors would be endless and the only ones profiting would be those supplying the false data.

And #1 is also spot on. No-one will share their valuable data unless they get well rewarded for doing so, such as in a investment analyst – client relationship.

as a former trader, I would not trust such a site – maybe because I’m spoiled by using those 2 sources…

Wikinvest will then target small, amateur investors who don’t want to pay for data, so it will have an audience, regardless of the quality of the information it offers.

Good luck to them!

Why would you help Harvard graduate if they good at something?

Why???

A good example I heard recently: there may be some obscure compound that is discussed in a medical journal – the company working on it isn’t mentioned, but it’s described as a potential breakthrough on some disease. Analysts on the Street would probably never pick up on something like this. Sleuths on the Internet, however, may and with some work may be able to figure out who is working on this compound, publish it to the wiki, and therefore be able to take up a position in a stock earlier than the masses. It’s the same premise as Reddit or Digg – people finding interesting stuff that other people would find interesting that they wouldn’t have found themselves.

and it is dangerous for ppl to disclose wrong information and try to move the market.

How about I log into my brokerage account, look up AMR, and download the multitude of research reports on AMR which includes industry specific research, metrics, and comparison against the competitors.

Same thing.

I agree finance sites are a start, but for more in-depth research sign my brokerage gives me access to all the research I want from the likes of GS, JPM, etc.

Great concept. Go to finance.yahoo.com and promote the website in the forums.