I've often pondered the potential of using the number of posts generated about a particular share as an indicator of it's short term potential. Obviously the indicator would be skewed towards small caps and wouldn't distinguish between stocks that are experiencing price action at either end of the spectrum but it might be a way to create a watchlist for eyeballing.
Someone more proficient in coding than I should be able to code something to troll through ASF, SScene, Sharetrader and HC and stat the number of posts about particular shares. Daily highs, 1-5MAs and some other simple stats could be used by individuals to create their shortlists based on personal preference.
This does sound random, but I've noticed some unqualified observations that there SEEMS to be a correlation between the number of posts on stocks across the various forums and short term price volitility. I'm interested in anything that may help shortlist dogs for speculation. Thoughts?