This has been a very good discussion. I see it developing as three potential options:
1. End of day -- open, close, high, low, volume, etc.
2. Delayed quotes like SI (and many others).
3. Real time and streaming quotes.
As to option 1, is there any (meaningful) out of pocket cost involved? (I understand that at some times any expense is a meaningful expense.)
As to all of the options, one of the things that makes this discussion difficult is we (or at least I) do not know what price tags we are talking about. Can I get delayed quotes (and even real time quotes) lots of places for free? You bet. Would I be willing to pay something to IHUB for the convenience of seeing them here? It depends on how much. Would I be willing to pay "something" for the convenience? Yes, but frankly, I do not know what the something is. Would I pay $10 a month? Not a chance. Would I cut loose of $20-$25 a year for the convenience? Probably. Would enough people do that to make it at least a break even out of pocket proposition for IHUB? I don't have any idea.
Would I be willing to pay for real time quotes on IHUB? That also depends on how much. The price stamping of posts, especially with RT prices, is an incredibly intriguing idea and would be a true value added feature.
Perhaps, someone could post how the services that provide delayed or real time quotes charge message boards for them. For example, if the delayed quotes for everything on IHUB only cost $100 a month, I suspect that you would have little trouble recouping it and making some money off of it. On the other hand, if delayed quotes cost $1,000 a month, then this entire discussion may be purely academic.
Even if quotes are economically viable, someone made a very valid point that it still may not (at this time) be the best business decision for IHUB given the time resources that Bob would have to allocate to setting up quotes rather than developing or tweaking other things. Sometimes, it is better to do a few things very well than do a lot of things only marginally. These decisions, of course, are internal IHUB business decisions.
It is encouraging to see the openness to discussing possibilities. But, in order for this discussion to progress meaningfully, I think we need some bottom line, "here is what it would cost per person and we would need at least this many."
Troy
Troy
Those who shoot from the hip usually end up just shooting themselves.
Plan the grub and grub the plan.
Where is the party tonight? Who is bringng the drinks?
