IT IS NOW BACK TO ABOVE $60.
See Jason Ruspini’-s comment. UPDATE: Carlos Graterol. Joe Weisenthal. Gawker. Max Keiser.
ADDENDUM
More info on health care reform on Memeorandum and Politico.
Max says that the political prediction markets are “-routinely manipulated”- and we often see “-price rigging”-…-
9:57 into:
Jason Ruspini (who feels that the health care reform proposal might well be adopted) wanna feedback from you, folks.
UPDATE: I asked The Brain whether he meant generalist media or political media, and he meant “-generalist”-. That makes all the difference in the world.
ADDENDUM
More info on health care reform on Memeorandum.
Previously: Insider trading in the InTrade prediction market on health care reform?
Joe is going off the deep end. Market noises are now interpreted as the intergalactic battle between the pro-HCR and the anti-HCR, who are both seeking to manipulate the InTrade prediction markets. No evidence whatsoever is displayed.
P.S: I am not picking on Joe, who is a good web curator, and a nice chap. Just disagree with him (and Andrew Golberg) that prediction market journalism is easy to do. Good prediction market journalism is very hard to do. Requires scoops and pertinent analysis. Scrapping exchange probabilities and aggregating it with re-written news is not enough.
ADDENDUM
More info on health care reform on Memeorandum.
Previously: Insider trading in the InTrade prediction market on health care reform?
Plus, the event derivative is back to 55% [UPDATE: 47%] —-slightly above tossing a coin.
Here’-s The Hill on the prospect for the bill. –- More on Memeorandum.
Previously: Insider trading in the InTrade prediction market on health care reform?
In part #2, he speaks about the books he is writing: