ThePennyPlay Launches Social Networking Features for Savvy Traders

Top Quote ThePennyPlay has launched the latest version of the site, and as well as getting a new look, ThePennyPlay has a range of new features. One of the new features on ThePennyPlay (TPP) is called Social Penny Stocks. End Quote
  • Atlanta, GA (1888PressRelease) February 10, 2011 - Social Networking has become number one activity on the internet. The number of users on Facebook and Twitter are ever increasing. Twitter alone grew 1,382% year-over-year, in February registering a total of just more than 7 million unique visitors.

    A one-of-a-kind online traders community, this is a new development that has excited the Penny Play Community. All you have to do is to register with the site and enjoy the benefits offered. There are blogs, message boards, videos, pictures and chat rooms. Now you can be in touch with traders throughout the USA/Canada/Abroad and update them about your activities in an interactive way. You can post messages for them, upload videos and pictures, or talk about the next trade coming up aiding in a more informed investment decision.

    In the online chat room, savvy traders can discuss services, trades, and knowledge to a target audience of traders. This service is also provided free of charge.

    In addition to this, your profile page has several management features that enable you to carry on private conversations or Group Discussions. You can even make your voice heard as a writer by creating your own blog page. An Events Section is in the works as well to let Traders know about Initial Offerings, Gatherings, or even just rumors.

    Getting Personal

    'Incorporating social media or social networking features such as message boards, blogs, live chat rooms, and podcasts works to the mutual advantage of both brokerages and their customers', says Brian O'Malley, a senior associate in the Menlo Park (Calif.) office of Battery Ventures Partners.

    The rise of trading sites centered on social media is seen by some as part of a backlash against the mass e-mails people used to get from unknown people promoting penny stocks and more often than not looking for a quick pop. But it also reflects growing demand for two-way flows of information.

    "We see today's consumers aren't content to sit back and have their entertainment sent to them," says the site Owner/Developer. "They demand to be part of the conversation that impacts their lives, and I am empowering that conversation."

    Investors Who Network Trade More

    ThePennyPlay allows all of its members to have their own blogs through which they can share investment strategies, or even thoughts about the political landscape that may affect future market conditions. The site's key innovation is its largest dissimilarity. Most other sites have one feature. They have a Newsletter Form so that guests of the site can sign up for a free newsletter. ThePennyPlay has much more to offer in the way of interactivity for their users than 99% of the Trading Communities in the US.

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