Thursday, January 3, 2008

Prediction Markets go Kablooey!

I am going to get ahead of this by writing tomorrow's story today:

Hundreds of gamblers investors lose thousands on Intrade.com as Huckabee tanks in Iowa Caucuses. Many of these fools traders jumped in late buying Huckabee contracts to win at $55-$65 per contract that now are worth absolutely nothing. Many were seen going to their local churches to enroll in gambling recovery programs.

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