[HN Gopher] Show HN: Reddit Wallstreetbets Top Leaderboard
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       Show HN: Reddit Wallstreetbets Top Leaderboard
        
       Author : vthallam
       Score  : 186 points
       Date   : 2021-01-28 00:06 UTC (22 hours ago)
        
 (HTM) web link (stonks.news)
 (TXT) w3m dump (stonks.news)
        
       | bigpumpkin wrote:
       | Would love to see "trending" stocks that see the greatest
       | increases in popularity over the last 24 hours/ week, etc.
        
         | _trampeltier wrote:
         | Google News also loves 24 hour, it seems. All "news" about
         | Gamestop is like 24 hours old or older. I almost never use
         | Google News, so I can't say if that's just normal (hm, news,
         | just older than 24 hours ..).
        
       | giantg2 wrote:
       | I thought they already had a bot that posts stats on mentions in
       | the daily thread?
       | 
       | Also, you need to look at why it's being mentioned. Something
       | that you want to buy puts on may be popular, but it's a different
       | play than just buying shares or calls.
        
       | eps wrote:
       | Where do you source the next earnings dates? From a quick skim
       | some appears to be off.
        
         | vthallam wrote:
         | I got some from NASDAQ and a few other websites. Mind sharing
         | examples, so I can fix them.
        
       | niksyyy wrote:
       | This is very useful! Thanks!
        
       | vthallam wrote:
       | Some more context on this project:
       | 
       | Like most I guess, I definitely felt a lot of FOMO when I see
       | news about stocks that went up by 100% and option traders who are
       | making a lot of money, I personally know a few.
       | 
       | I didn't like how I am getting to know about these trades, until
       | they are on the top. Stocktwits and few other websites do some
       | good work in signal boosting, up and coming stocks, but sometimes
       | the volume is too low for people to pick it up.
       | 
       | Reddit has been a great community for all things financial, so I
       | turned to the OG community, r/wallstreetbets to see what are they
       | talking about and make a real time leaderboard out of it.
       | 
       | I am using a plain string matching(using a Trie of all stock
       | tickers) with some context of using $ in the comments, so there
       | could be some everyday words that slipped into the list, but the
       | top of them are very obvious($AMC, $GME etc).
       | 
       | I also got this domain(stonks.news) last year, planning to build
       | some tools I would personally use over next few months and may be
       | the community would like them too. Appreciate any suggestions or
       | comments on what would you want to see in fintech(charts, alerts
       | about earnings etc).
        
         | slg wrote:
         | There should probably be some type of sentiment analysis on
         | this as simply being talked about isn't always a good sign.
         | However it would probably need to be customized specifically to
         | WSB since they have their own language and terminology.
        
           | Ithildin wrote:
           | Agreed. It would be nice if you could click on one and see
           | the top X most recent mentions, or at least the links to
           | those comments.
        
         | hammock wrote:
         | What's the window of time used here and how frequently is it
         | updated?
        
           | vthallam wrote:
           | The prices are lagging by a min, counts/popularity is updated
           | in real time(you need to refresh though). I am planning to
           | add websocket soon.
        
         | newacct583 wrote:
         | > Stocktwits and few other websites do some good work in signal
         | boosting, up and coming stocks
         | 
         | PLEASE people, look at what you are doing. If you want to
         | "boost" a "signal" to get people to make trades the way you
         | want them to, you are presumptively engaged in market
         | manipulation. Stop this madness.
         | 
         | I know it's popular to think that big evil hedge funds do these
         | tricks too, and imagine yourself as a hero. But that's not
         | really the way they work[1]. And it's not right when they do
         | it, and it's not right here either. Yes, people go to jail for
         | stuff like this.
         | 
         | I'll take my downvotes now. But this really is just mass
         | hysteria in our community right now.
         | 
         | [1] And to the extent it is, they tend to have much better
         | opsec and don't post the logs of their criminal conspiracies on
         | open internet forums.
        
         | Stevvo wrote:
         | Nice one. I thought about making this earlier today. Now I
         | don't have to!
        
         | adammunich wrote:
         | Are you matching only upper-case strings? If not, that could
         | help filter out some common words.
        
           | [deleted]
        
         | ionwake wrote:
         | This is great, thanks for posting. Can I ask if there is a
         | simple API query I can send a request to? I am building a mega
         | project (which will probably never see light of day - happy to
         | share with you privately) which could probably maybe benefit
         | knowing this info - cheers
        
           | vthallam wrote:
           | Not yet atm, but send me an email at
           | letstalkalgorithms@gmail.com and we can talk.
        
       | el_isma wrote:
       | Pretty sure many common words are not being filtered out. For
       | example, EOD (usually "End of day") is "Wells Fargo Global
       | Dividend Opportunity Fund". I can guarantee no WSBer is going to
       | buy such a "classic" investment.
        
         | giarc wrote:
         | I searched a bunch of the symbols from the top of the list.
         | Basically any outside of well known GME, AMC, BB, NAKD, NOK,
         | it's all just false positives.
        
         | LeegleechN wrote:
         | OPEN is a tough one because it's also a recently listed growth
         | stock SPAC which is exactly the sort of stock this crowd would
         | like.
        
         | nostrademons wrote:
         | Also PUMP, NOW, OPEN, TD (probably as in TD Ameritrade), RIDE,
         | etc. Shows some of the pitfalls of naive text mining.
        
           | [deleted]
        
       | soared wrote:
       | This is really cool and super valuable. Tools like this are often
       | acquired by bigger companies. A short description paragraph at
       | the top would be nice - I'd like to send this to a friend without
       | needing to explain what it is.
       | 
       | Market cap would be a nice addition to the table so we can see
       | size. Maybe some measure of volatility too.
        
       | monkeydust wrote:
       | Would be fun to create an index out of this.
       | 
       | Weight on popularity.
       | 
       | Track on the top of the page.
        
         | filoleg wrote:
         | Not the same as what you are describing, but kinda similar.
         | They have already made something like this, but for a sub-
         | niche, instead of the overall weighted WSB popularity index.
         | 
         | Some WSB users created a BECKY index, that contains typical
         | companies a "Becky" would know about, like Starbucks,
         | Lululemon, Ulta, etc. And I have been observing regular updates
         | to how that index has been performing. Surprisingly enough, it
         | is performing great.
        
           | alasdair_ wrote:
           | >Some WSB users created a BECKY index, that contains typical
           | companies a "Becky" would know about
           | 
           | They tried a KAREN index too, but got tired of all the
           | demands to speak to your manager.
        
           | monkeydust wrote:
           | Funny, but seriously if BlackRock found out there would be an
           | iShares Becky ETF in a month with a 1% mangement fee.
        
       | thestu wrote:
       | Would be cool to see this in bar graph form, broken down by day.
        
       | EForEndeavour wrote:
       | The common words which happen to match stock tickers offer a
       | hilarious glimpse into the wallstreetbets gestalt and the current
       | fury over trading platforms arbitrarily blocking users from
       | buying but not selling:
       | 
       | PUMP
       | 
       | APPS
       | 
       | PEAK
       | 
       | RIDE
       | 
       | WOW
       | 
       | CALM
       | 
       | CRY
       | 
       | SITE
       | 
       | MOD
       | 
       | SON
       | 
       | K
        
         | Ragnis wrote:
         | This could probably be at least somewhat mitigated by checking
         | whether the surrounding words are also in all caps.
        
         | airstrike wrote:
         | What's next? SPACs with tickers HODL and LMAO?
        
       | dnadler wrote:
       | Not to hijack or anything, but I had a similar idea[0]. I wonder
       | how many other projects like these are out there?
       | 
       | [0] https://isthisastonk.com
        
         | vthallam wrote:
         | looks nice and clean. yeah pretty sure it's a popular idea atm
         | haha.
        
       | Skiboy89 wrote:
       | Very useful! Thanks :)
       | 
       | Would be even better if you could see how the stocks move on the
       | leaderbord (/trending stocks). Just a suggestion.
        
       | waiseristy wrote:
       | These just seems like a list of failing companies. GameStop, AMC,
       | BlackBerry?
        
         | airstrike wrote:
         | Define "failing"
        
           | waiseristy wrote:
           | https://www.theverge.com/2020/10/13/21514822/amc-theaters-
           | ca...
           | 
           | https://en.wikipedia.org/wiki/GameStop?oldformat=true#Declin.
           | ..
           | 
           | Blackberry probably not considered "failing" but, Gamestop,
           | and AMC. I don't know how else to define their position
        
         | jabroni_salad wrote:
         | That is a correct observation. The mainstay feature of WSB is
         | making 'yolo' margin trades, so it's weighted towards companies
         | that are in sink or swim mode and who will soon have an
         | earnings call or some other major event.
        
       | brundolf wrote:
       | Fantastic domain name
        
       | vthallam wrote:
       | This is data from the last 24 hours until it went Private.
        
         | chovybizzass wrote:
         | its back open now.
        
           | vthallam wrote:
           | Yes, started parsing the comments and updating the dashboard!
        
       | tnel77 wrote:
       | When it says "top leaderboard," over what timeframe is this
       | calculated? Does the list update based on comments from the last
       | 24 hours, for example?
        
         | vthallam wrote:
         | It's based of a rolling 24h window. This gets updated in real
         | time from r/wsb comments;
        
       | brd wrote:
       | This makes me uneasy. The fact that there will be regulatory
       | investigations should also concern you since a solution like this
       | could easily be implicated in misleading retail investors.
       | 
       | Simple string matching isn't going to cut it, you really need a
       | decent NLP based implementation. There should be weighing
       | mechanisms to avoid bots surfacing stocks that don't actually
       | represent the interest of WSB. The site should be crystal clear
       | about the time period this is sourced from. And most importantly,
       | please put a disclaimer about what it is, how it's working, and
       | why it shouldn't be considered financial advice.
        
         | anonAndOn wrote:
         | This is the way.
        
       | dharmab wrote:
       | You might want to right-justify the numeric columns to more
       | easily compare.
        
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       (page generated 2021-01-28 23:02 UTC)