Democratic Underground - Osama Caught? Why I think so...Somebody is betting Big that he is...

Osama Caught? Why I think so...Somebody is betting Big that he is... [View All]

masmdu

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Fri Mar-05-04 12:37 PM
Original message

Osama Caught? Why I think so...Somebody is betting Big that he is...

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There is a place called Tradesport.com where you can trade futures on world events.

Last night the Futures contract that Osama will be captured/killed SPIKED

It recently traded as high as 85.0 (i.e. someone thought there was an 85% chance Bin Laden would be captured by the end of the month). There's no way this effect could just be the result of the recent stories about our planned spring offensive against Bin Laden. These stories have been around for weeks, and the price has been steady between 10 and 20 for a while now. My guess is that some traders had inside information on some kind of close call that happened last night.

Osama Futures:

https://www.tradesports.com/jsp/intrade/common/c_cd.jsp?conDetailID=87745&z=1078501677828

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Osama Caught? Why I think so...Somebody is betting Big that he is... [View All]