As the administrator of the Massachusetts Fifth market, I cannot participate, but I can report that even before I was able to report on the market, an Inkling “investor” had already bought stock in Rep. Barry Finegold (D – Andover), putting him into an early lead at $28.35 per share, which translates into a market consensus of a 28.35 percent chance of victory. This will change as more investors enter the market.
The market will end at noon EDT on September 4. As soon as a clear winner is established, investors in the winning stock will be awarded their winnings.
Please share widely!
Where’s all the Eldridge supporters, I figured as this is a progressive site and Jamie’s the progressive candidate, I could do a little pumping and dumping. Come on folks make me some inkies!!!
If we had a casino, we’d have less money to gamble on political websites!
this is a pretty small market – one person with a big buy can really influence it.
I’m up $300 in JEL.
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Of course the smart play is iraqb which is whether or not Bush will sign a war funding bill without a timetable. Since he has and the market hasn’t closed you can make quick money. $100 for a 98.27 investment.
I’m a big player of German Style boardgames, in which chance is lessened and market forces as well as logic and reason are at the fore-front. This site has the ability to be an ongoing board game for me.
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Here are my positions.
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I’m long on IRAQB with 17 shares(it’s all the free cash I had) I bought at 98.20 and since it is guaranteed to go to $100 based on the fact Bush already did this, I’ve got a guaranteed $30.60 profit.
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I’ve shorted MAY for 2 shares at $6.41. This is a bet on Gonzales sticking around until June. Since there are only about 4 days left, I thought this was a good bet. Looking at a $12.81 profit on that one come June 1.
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I’m long on BoSox to win the AL East. This position is 20 shares at a purchase price of $40.94.
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I’m long on the Chicago Cubs winning 15 games in May. They’ve got 13 wins with 4 left to play. I’ve got 5 shares I bouth at $149.49 which is just less than the $150-$170 it pays out if my bet is right.
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I’m long on the DJIA finishing above 13,566 for May.
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I’m long on BoSox making the playoffs. This is a 10 share position.
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I’m way long, at a cheap 1.59% buy in on there not being a Canadian parliamentary election called this year. If I’m right on this one, I could make a cool $4920.5! Go Stephen Harper Go!!!
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And as I’ve said, based on the BMG crowd, I got in early on JEL
I bought NO on Deval closing corporate tax loopholes, Sarko over Sego, and Mitt at $10.
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Been doing pretty good so far….
at around $40. My big mistake was not selling Utah Jazz before last nights game. I completely forgot. $500 in profit were wiped out this morning. I offloaded and keep going.
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This is awesome. Thanks again David
This arrangement appeals to the economist in me.
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I’m long Jamie, and he’s in a clear lead at the moment. Consider the source, however. Way too early to read anything into this, other than the enthusiasm of his supporters (like me). It’ll be interesting to see how this evolves over the summer.