Antweiler, Werner; Frank, Murray Z. - In: Journal of Finance 59 (2004) 3, pp. 1259-1294
Financial press reports claim that Internet stock message boards can move markets. We study the effect of more than 1.5 million messages posted on Yahoo! Finance and Raging Bull about the 45 companies in the Dow Jones Industrial Average and the Dow Jones Internet Index. Bullishness is measured...
