General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWeird Intrade Swing
Obama dropping to the low 50's and Ohio now for Romney?
http://www.intrade.com/v4/home/
ProudToBeBlueInRhody
(16,399 posts)If they wish to throw away their money, let them.
RagAss
(13,832 posts)AleksS
(1,665 posts)Time to buy the O!
Yeah, the wild swings are a combination of two things:
1) Wealthy Romney backers buying up "shares" to prop up Rmoney's fabricated momentum narrative,
and
2) Everyone else realizing this is a great way to redistribute some wealth away from the Rmoney backers by buying O, O, O, for low, low, low.
I may just do some investing myself. If it drops to 50, I will. Seriously, if anyone thinks this election is really a toss-up, they're drinking the Fox-ade little too hard.
RagAss
(13,832 posts)AndyTiedye
(23,500 posts)since they call it a "market", it's just like all those derivatives they sell on Wall Street, so it's OK.
deaniac21
(6,747 posts)to stay in business.
HERVEPA
(6,107 posts)deaniac21
(6,747 posts)HERVEPA
(6,107 posts)Intrade doesn't care about the odds. They can't lose money on your bets. They take $4.95 a month and that's it. Your betting against other traders, and they pay you off.
If a bookie sets bad odds and people bet on the favorable side and win, the bookie takes a bath.
Laura PourMeADrink
(42,770 posts)Canuckistanian
(42,290 posts)And the net result was several minutes of chaos on Intrade.
Several posts here about it.
RomneyLies
(3,333 posts)Somebody is buying up Romney again.
I'm thinking Adelson.
Canuckistanian
(42,290 posts)And knowing how people in the know watch Intrade, they're gaming the market.
And considering how many $millions are being spent this election cycle, the amount spent here is a good bargain, PR-wise.
Intrade is now a poisoned well until election day.
kelly1mm
(4,735 posts)he fell back to 42ish. Since then he has been creeping up, hitting 48 again twice in the last hour and is pretty steady at about 45-46. Could be more R buying to move the numbers. Looks like a good time to invest if you have the money.
RomneyLies
(3,333 posts)Propping up the Romentum.
I've been watching it. Every time it dips below 53 it goes back up again.
RomneyLies
(3,333 posts)MFM008
(19,820 posts)simple, a concerted effort to make it look like mittzy has momentum. Last night Obamas numbers were very high, now someone/s dragging them down. Means nothing since its artificial.
Barack_America
(28,876 posts)DarthDem
(5,256 posts)Sadly for them, even the lazier-than-imaginable MSM has finally started to dope out that the polls (particularly the Gloppers and all of the even more naked RW shills like Gravismussen) are merely narrative-drivers that don't reflect the true state of the race.
So now it's time to go try to manipulate Intrade, again just for the sake of narrative-driving.
Awesome.
grantcart
(53,061 posts)nt
cherish44
(2,566 posts)Stay home and save yourself some gas money and time waiting in line. Sounds good to me!
JaneyVee
(19,877 posts)tman
(983 posts)going on right now, the market is going crazy.
Same thing happened in 08.
DemocratSinceBirth
(99,714 posts)Huge difference, huh...
RagAss
(13,832 posts)DemocratSinceBirth
(99,714 posts)Old and In the Way
(37,540 posts)keeping Intrade artificially for Romney will be used as an example of Mitt's sudden popularity. Cheap campaign investment in that context.
progressivebydesign
(19,458 posts)Please remember it is NOT a real poll. It has no bearing on things, because assbites like the Koch Bros could drop 50k on that and it'd be like losing a dollar in your couch cushions.
slackmaster
(60,567 posts)Pilotguy
(438 posts)CoffeeCat
(24,411 posts)This trade was executed to give the appearance of a Rombey rise. LOL!
Nothing could be further from the truth.
Did you see the latest polls about the last debate? Devastating for republicans.
They're trying to create the illusion of Romney interest. They have to contrive excitement, because they are losing.
Great news for all Dems! When you behave like desperate, panicked rats--it just gets the Dems more excited about the race! Republican internal polls must be in the toilet!
Can't wait to see the next Republican PR trick!