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Profit from Gore's decision not to run by short selling Gore futures

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Jonathan Pollard Donating Member (59 posts) Send PM | Profile | Ignore Sat Sep-29-07 10:24 AM
Original message
Profit from Gore's decision not to run by short selling Gore futures
Jzodda claims to have insider information that Gore will not run.
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=3557617&mesg_id=3557845


Assuming what Jzodda says is true, you can short sell Al Gore Democratic nomination contracts on Intrade and get over an 8 percent return on your investment. The contract will go to near 0 when it becomes perfectly clear that Gore will have no hope of getting the nomination, which will be on October 23 which is the deadline for the Michigan primary. Michigan is one of only 2 states that Gore is leading in the polls. I've shorted thousands of dollars worth of that contract myself already. An 8 percent return on your investment in less than 1 month tranlates to a more than 90 percent annualized return on your money.

www.intrade.com

http://www.tickerforum.org/cgi-ticker/akcs-www?post=7322

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ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-29-07 10:31 AM
Response to Original message
1. interesting take on "pump & dump" ya' got there...
well, not THAT interesting.
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orpupilofnature57 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-29-07 10:38 AM
Response to Original message
2. I got it!!! Then when all the pukers buy the shit out of it , Big Al announces his...
Edited on Sat Sep-29-07 10:41 AM by orpupilofnature57
candidacy ,and I have a full head of Hair again ,utopia!!! Oh yeah ,and we could also have someone who's ego and pocketbook don't dictate their every move.
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Tesla Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-29-07 10:51 AM
Response to Reply #2
3. Run Al Run!!!
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-29-07 11:37 AM
Response to Reply #2
4. Or, he decides that the only way to save his stock after we all short it is for him to run.
Or...

We just passive-aggressively punish him for not running by shorting his stock.
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