Intrade Numbers... Looking Very GoodSubmitted by jorlowitz on Wed, 10/03/2007 - 18:28
Paul's standing in the real-money prediction market at Intrade http://www.intrade.com has steadily increased.
He is now trading at 6.2 (meaning a 6.2% chance of getting the nomination) among people who have bet tens of thousands of real dollars on this outcome. A graph of Paul's "stock" growth (http://www.intrade.com/jsp/intrade/common/c_cd.jsp?conDetail...) shows a steady increase from 0 in the beginning of may to 6 in the beginning of October. He is averaging an increase of 1.2 points per month while other "top-tier" candidates around him are steadily decreasing.
Compare the following:
And he's right behind Edwards!
Paul's strong 3rd quarter showing should keep his trading value high, in contrast to other periods of "good news" which have been quickly sold off for profit. In other words, whatever people are doing to support Paul, it's starting to work, starting to stick, and continuing to grow!