2016 Postmortem
Related: About this forumObama up on Intrade today
http://www.intrade.com/v4/markets/contract/?contractId=743474I'm planning on buying some shares right after the debate tonight, cause I think they'll be trending up. Anyone else game?
TroyD
(4,551 posts)Not bad, but we need it to go higher.
Chiquitita
(752 posts)If people buy right after the debate it's bound to go up.
2pooped2pop
(5,420 posts)unless you have a non us credit card. It will take days or maybe weeks to completely set up an account. Then when you go to cash out they will take about 60 bucks to cut you a check.
Obama was about 54 before conventions. Then up to the 70's afterward. Down to low 60's now. It will definitely be going back up. I think it over bounced after the convention and some of the drop that we are now seeing is more a leveling off than a Romney surge, perhaps.
Good luck if you can get your acct going, there is some money to be made by the day to day ups and downs. You might want to look into something that is trading for penny's though as it has a much larger percentage to go. All trades max out at 10 bucks per share. So buying something that is 7 bucks a share leaves much less room to grow than does something that is at ten cents a share. I was looking at putting money on Pres, House & congress all going dem. It was at .03 at the time. Jumped in one day up to like .19. While that doesn't sound like much, If I had put a hundred bucks into it it would have yielded over 500 bucks in a day. I decided not to play due to not being able to get an acct set up fast enough to play what I wanted to bet on.
anyway, good luck to you.
TroyD
(4,551 posts)Elizabeth Warren: 60.6% CHANCE
Claire McCaskill: 64.3% CHANCE
Democrats to Control Senate: 61.7% CHANCE
Republicans to Control House: 90.0% CHANCE
http://www.intrade.com/v4/home/