2012.REP.NOM.PALIN trading at 19.9 - up from 6 in July

[mawilson 2,133]

Take a look at this Intrade chart:

Intrade estimates Sarah Palin's chances of becoming the Republican Presidential Nominee in 2012 at almost 20%.

The number was 13% only a few weeks ago. What gives?

I am currentlly short 100 contracts at 17.5 - hoping the contract settles at 0 (which would translate to a $175 profit).

Should I add to my (currently losing) position?

Come on, 20%??? Seriously?

[luckytxn 2,264]

Should be ok after someone else (anyone almost) announces they want the nod.

[_Simpson_ 250]

There is no way she would ever win in the primaries... I hope!

[mawilson 2,133]

There is no way she would ever win in the primaries... I hope!

Well if you believe that (and I do), you can risk $4 for a chance to win $1.

You will need $80 to sell short 100 contracts at 20.0. When the contract is settled (in 2012), you will get $20.

[Niels Bohr 72]

Heard this cougar is moving to RI.

[Trumplestiltskin 5,791]

I think if Palin were ever to win the presidency, it would be an unfortunate indictment of this country's political system.

[Otto 83]

The GOP is in deep trouble if, 3+ years out, they're already planing their next presidential 'move' and people like Palin are even on the short list...

[Mr. Big Dog 10,747]

There is no way she would ever win in the primaries... I hope!

God will let her win the GOP primaries. That would be so awesome. Comedy aplenty.

[Trumplestiltskin 5,791]

The GOP is in deep trouble if, 3+ years out, they're already planing their next presidential 'move' and people like Palin are even on the short list...

I honestly doubt it would happen - but stranger things have happened.

After 8 years I still don't understand how GWB was elected.

[mawilson 2,133]

But why the sudden move upwards? Going from 6% to almost 20% in less than 2 months?

[Ban Hammer 13,398]

The GOP is in deep trouble if, 3+ years out, they're already planing their next presidential 'move' and people like Palin are even on the short list...

exactly.

[Trumplestiltskin 5,791]

But why the sudden move upwards? Going from 6% to almost 20% in less than 2 months?

Maybe its one of those grass is always greener things.