If I’m reading it correctly, it appears that stock is crashing on the Iowa Electronic Market.
The REP04_L52 contract, denoting a Bush win with less than 52% of the vote, is now trading at 0.815, with REP04_G52 (a Bush win with greater than 52% of the vote) trading at 0.140.
Kerry’s DEM04_L52 is at 0.055, and DEM04_G52 is now a penny stock, at 0.006.
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