Through SocialPicks web site, users (or investors as you like) can select companies and track their stock’s performance against other SocialPicks users — like choosing a fantasy sports team. SocialPicks gives you a score based on the accuracy of your “picks” as well as your average return.
It’s not all about entertainment. You can get investment ideas by watching which SocialPicks investors and companies are performing the best. SocialPicks also searches the web for opinions from top investors and analysts so you can use this information while picking stocks.
The company has just raised $500,000 from Bay Partners
, according to a regulatory filing.