On StockTwits, we love sentiment and message volume. They change quickly and rapidly with big announcements or news. In today’s morning preview we’re taking a look at 3 stocks that have seen huge changes in social sentiment. Here they are:
1.) Blackberry ($BBRY) report earnings this morning and like we expected message volume is spiking. Over the last 24 hours message volume is up 24% and approaching 4,000 messages shared on a 7-day rolling basis. Blackberry climbed as much as 7% after they reported earnings and here’s why:
$BBRY Q4 revenue breakdown: 37% hardware, 56% services, 7% software and other. Service is increasing – that's where the money is :D
— Saif Ross (@Rossx) Mar. 28 at 07:32 AM
$bbry "Investors should also be impressed by adjusted gross margin improvement to 43% in Q4, up from 34% in the prior quarter"
— Gordy1 (@Nodrog1) Mar. 28 at 07:23 AM
— Darcy Keith (@eyeonequities) Mar. 28 at 07:04 AM
2.) The ticker $BIS is a ProShares UltraShort Biotech ETF and on StockTwits message volume hit a new yesterday above 200. It’s become one of the most popular ETFs on StockTwits, and it’s used to short the biotech sector. Over the last month $BIS is up nearly 30%. Some traders are using $BIS because of charts like this:
— Chris Kimble (@KimbleCharting) Mar. 27 at 01:28 PM
3.) Alcoa ($AA) is up 18% this year and is hitting its highest levels in over 2 years. Both message volume and sentiment are close to hitting new highs on StockTwits too. Several weeks ago message volume climbed above 300 messages shared and sentiment is at 97% bullish right now. Here’s what some people are saying:
$AA broke out with good volume yesterday. Placed limit buy order at 12.38
— Wilson Lee (@WilsonLee) Mar. 28 at 08:55 AM
— Jon Boorman, CMT (@JBoorman) Mar. 28 at 08:06 AM
$AA Textbook pocket pivot and breakout. But at the same time scratching my head. Market in correction, why now? None
— AskLou (@AskLou) Mar. 27 at 10:44 PM
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