General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's stock on PredictIt.org
Except for a little bobble at the beginning of the pandemic, Trump's re-election stock on PredictIt.org has been hovering around $0.50 for a long time. This month, it's taken a turn for the worse:
I could sell now for a profit, but my recommendation is that it's not too late to buy. (Edit to clarify: I bought "No" or course!)
(If you aren't familiar with PredictIt.org, it's a "market" where you can buy either "Yes" or "No" shares on various political propositions, e.g. Trump being re-elected, for a price ranging from $0.01 to $0.99 each. Until the proposition question is resolved, shares are bought and sold like stocks with a bid/ask system. When the question is resolved, the correct shares are redeemed for $1 and incorrect shares are worthless.)
OAITW r.2.0
(24,647 posts)on Biden winning, I'd make back my original $2600 plus $2100 on the final payout, assuming I make that bet and he wins?
Very, very tempting....
William Seger
(10,779 posts)And there is a fee collected from your winnings, and another fee to withdraw cash from your account. I think it amounts to about 6% of your winnings.
Cicada
(4,533 posts)William Seger
(10,779 posts)I believe he will lose because he has successfully divided the country beyond repair, but ended up with the smaller half.
judeling
(1,086 posts)And look for value in other races.
If there are some Senate seats or even a control question.