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How
To Get Online Press Releases On Your Stocks
Before Others Hear About Them
Bill Peifer
It is a
fact of life that press releases influence the current price
of a stock. People react emotionally and buy stocks on good
press releases, and sell stocks on bad ones, regardless of the
validity of the press release. If you can get the news first,
you can be in a favorable position to take advantage and gain
financially. This article describes how to obtain online stock
press releases when they are first announced.
One way
to be the first to obtain online press releases on stocks would
be to constantly watch one or more of the financial News web
pages for a press release via Business Wire. Yahoo provides
a popular financial news web page (http://biz.yahoo.com/bw)
that is reliable. But manually watching web pages requires your
full time attention. Unless you are some rich tycoon who sits
by a Palm Springs swimming pool reading the financial news web
pages as they update, this is probably not going to work for
you. Like most people you probably have other things to do,
such as working for a living.
A better
way to accomplish the task of monitoring the financial news
web pages would be to have someone or something else do it for
you, and then notify you. For instance, you can use web page
watching software on your computer or you can subscribe to a
web page watching service on the Internet.
Running
software on your computer to monitor a financial news web page,
such as Yahoo's, is easy to do and gives you complete control
over when and what you want to watch for. It can also give you
faster notification on press release discoveries. There are
many programs available on the web to do this. Easy Web Page
Watcher by Patrick DiRienzo (http://www.patdirienzo.com)
is an easy-to-use low cost program ($15) that does a very good
job of monitoring Yahoo and other financial news web pages.
To use the program simply enter the financial news web pages
that you wish to monitor and the name of your stocks. When the
name of your stock appears on the web page in a press release,
your computer will notify you with an audible alarm and by email.
You can also watch for keyword phrases such as "contract
awarded" or "stock buyback" that would appear
in any stock press release. If you have full time broadband
Internet access such as cable or DSL you can leave the program
running all day and night. The program runs in the background
with no disturbance to your other computer tasks. You can set
up the program to send you email alerts at work or anywhere
else.
If you do
not have full time Internet access, but have email, the next
best method of obtaining press releases automatically is to
subscribe to a web page watching service. Again there are many
services that do this. WatchThatPage (http://www.watchthatpage.com)
is a free web page watching service that will alert you by email
when keywords you specify such as the names of your stocks appear
in press releases on financial news pages you specify. The disadvantage
is that you do not receive an instant audible alarm when the
press release is first noticed on the financial news web page.
You have to wait for the service to send you email before you
hear about the press release.
About the Author:
Bill Peifer holds a degree in Computer/Electrical Engineering
and has written several computer technology related articles
(mailto:bpeifer@numericnetwork.com)
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