Why is Social Sentiment Important? How Do You Track it?
As we have seen over the past couple of years, there were a good handful of "Social Sentiment Stocks" like GME and AMC that skyrocketed based almost solely off of social sentiment. As a result of this, many people have started to pay attention to the social sentiment behind stocks.
Out of the several Sidus Space Inc - Class A (SIDU) stock discussion available to for investors to share their opinions and discuss their favourite stocks, there are 2 stock discussion forums that influence SIDU's social sentiment more than any others. These 2 stock discussion forums include SIDU Stocktwits and SIDU Twitter.
The Utradea Social Sentiment Dashboard allows you to track real-time trends and insights for Sidus Space Inc - Class A discussions and Sidus Space Inc - Class A conversations.
SIDU Stocktwits has increased astronomically
Here are the latest analytics from the SIDU Stocktwits forum (over the last 24hrs):
This large increase in posts, likes, and impressions stems from the fact that SIDU was included in NASA's $3.5 Billion Exploration Extravehicular Activity Services Contract. This level of social sentiment has never been seen in the SIDU Stocktwits community, as their previous 1D post high was 100 (in early May 2022). This is great for the SIDU stock as it is getting a lot of attention, which should help with name recognition and increased volume. This can have a monumental effect on SIDU Stock an average volume of 3.5M and a low market cap.
SIDU StockTwits Highlight
The SIDU Stocktwits forum is not widely followed. The average daily message volume for the SIDU community is les than 20 posts per day. However, when there is a major event (such as tis NASA contract news) the message volume usually skyrockets. This can be seen from the SIDU Stocktwits volume soaring from 20 to 1,270 in 1 day.
SIDU Twitter Follows Suit
Here are the latest analytics from the SIDU Twitter community (over the last 24hrs):
Once again, this large increase in posts, likes, and impressions stems from the fact that SIDU was included in NASA's $3.5 Billion Exploration Extravehicular Activity Services Contract. This level of social sentiment has never been seen in the SIDU Twitter Community. The sheer level of impressions that SIDU Twitter has received is quite mind-boggling and has generated unprecedented awareness around the SIDU Stock.
SIDU Twitter Accounts that Influence Social Sentiment
Here is a count of “whale” accounts that are active on SIDU Twitter (over the past 72 hrs):
These "whale" Twitter accounts are the main driver of impressions within the SIDU Twitter community and have unimaginably helped boost the SIDU social sentiment. If these whale accounts continue to post about SIDU it can only stand to benefit their Stock as the volume and awareness will maintain.
Final Thoughts: SIDU Forums and Discussion Boards
Overall, investors are very active and excited on the SIDU Stocktwits and SIDU Twitter Forum. Being able to quickly gain insights into a stocks social sentiment has proven to be beneficial for modern investors. We suggest getting familiar with the Utradea Social Sentiment Dashboard, as it is a quick way to stay up-to date with social sentiment across a wide variety of stocks.