The most powerful investment bank on the planet boasts a respected team of technology analysts. But Goldman Sachs Group (NYSE: GS) seemed to miss the boat on grabbing a good Twitter handle. The company tweets under @GS_News (and it has plenty of useful tweets). A logical handle would have been @GS, same as its ticker symbol, but some dude name Gary grabbed the @GS twitter handle. He's got less than 10 followers right now. What might be a possible business opportunity for Gary, is a Fail Whale for the Goldman Sachs brain trust.
Not only that, but Twitter has actually suspended the @goldmansachs account -- another logical Twitter handle -- for suspicious activity. Unless that means insider trading or manipulating markets, @Ev and @Biz probably just figured a joker grabbed the handle -- and they're probably right.
Bottom line? If I were $GS, I'd approach @GS and make him an offer he can't refuse to repossess that ticker / Twitter handle and discard the awkward GS_News handle. But Goldman's people are definitely smarter than I am, and I'm sure they'll figure out a brilliant way to arbitrage this market.
Alex Salkever is the Director of Research at PIqqem.com, a stock prediction community powered by the Wisdom of Crowds
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