StockTwits And SecondMarket Collaborate On Private Companies

Stocktwits and Secondmarket are teaming up to collaborate on the $30 billion market of private companies, writes TechCrunch. Stocktwits curates tweets that are indexed with a "$" sign, such as $XOM for Exxon Mobil XOM or $MSFT for Microsoft MSFT. Now Stocktwits is incorporating private companies whose stocks trade on Second Market, which is an exchange where private companies stock is traded. For example, Facebook would be $FBOOK, or Tech Crunch would be $TCRH. Second Market is taking these indexed tweets, and integrating them to enhance their own pages. SecondMarket currently tracks about 500 private companies that aren’t public, like Facebook, Zynga and Twitter.