Saturday, August 23, 2008

Romney's VP stock skyrockets

To continue with the other day's topic of prediction markets and what they have to say about the veepstakes, Mitt Romney's stock just recently shot up to way over 50 cents on the dollar. Right before Obama's announcement, Romney was trading on Intrade at about 25. At the moment, the last trade was at 62.2. Considering there's nothing in the news about Romney to propel his stock, it must have been something about Obama's pick that made the markets all of the sudden go crazy over Romney.

2 comments:

Anonymous said...

Obama/Biden leaves a hole wide nuff for a Mack Truck but only with Sarah Palin as the driver!

Ted said...

Despite the Dems and the allied main stream media’s desperation to see Romney as McCain’s Veep, Mitt is clearly out, with (1) Obama doubling down on the class warfare theme (McCain’s 7 houses) and (2) McCain doubling down with ads showing the hypocrisy of Biden attacking Obama in the primaries — Romney did way more than that contra McCain.

This leaves only Govs Sarah Palin and Tim Pawlenty. Pro-abortion Ridge and Dem-Lieberman were never real considerations, despite relentless media goading. Pawlenty’s lackluster TV performances, coupled with Palin pizzazz, the primacy of oil drilling and the ticked off women/Hillary voters, does now portend a McCain/Palin checkmate on the Dems. This is so albeit the Dems and liberal media dare not mention Palin’s name, that is, everyone but…..

And if there’s any question as to Palin being uniquely positioned and able to more than nullify Biden in debate, see the excellent discussion at palinforvp.blogspot.com

Team McCain, well done!!!