By now you may have heard about the PR can of worms that JPMorgan Chase&Co (JPM) opened yesterday when it solicited questions from Twitter users using the hashtag #AskJPM. In just six hours, the hashtag got more than 6,000 tweets, and you can probably guess that most of them didn’t paint the most flattering picture of JPM (which is a C-rated stock in Portfolio Grader). The online forum ended up getting canceled (before it got a chance to properly start), and the country’s biggest bank ended up acknowledging that this may not be the time, and Twitter not the place, for it to connect with the public.
Aside from adding a bit of comic relief to the newswires, the story got me thinking. From time to time I solicit questions from my readers on my Facebook group, but I’ve never used my Twitter handle to do so. I know many of you have questions about the global economy, the market and individual stocks, so I think it’s time to open up this channel and see what pops up. It’s unlikely that I’ll generate the kind of buzz that JPM has today (I certainly hope not), but my hope is to get a handful of meaningful questions over the next few days that I’ll then feature in this daily blog.
So, if you have an active Twitter account, feel free tweet your question with the hashtag #asklnavellier. I’ll keep an eye on my Twitter feed and get to as many questions as time allows in this blog.