Financial Social Networking sites are popping up quickly. Latest entrant is SocialPicks.com.
Competition: Social picks will face major competition from Finance giants’ yahoo, Google, but has advantage ’cause of its community based features. Also, more competition comes from similar startups including Feelingbullish.com, Bullpoo.com, Gradr.com, and Stocktickr.com. It needs to be seen how they will differentiate themselves and carve out a better strategy against their big and small competitors.
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