The Predictit Share Prices on Clinton getting Federal Charges filed against her in 2016 are rising.

For those of you unfamiliar with Predictit.org:

PredictIt is an exciting new, real money site that tests your knowledge of political and financial events by letting you make and trade predictions on the future.

Taking part in PredictIt is simple and easy. Pick an event you know something about and see what other traders believe is the likelihood it will happen. Do you think they have it right? Or do you think you have the knowledge to beat the wisdom of the crowd?

The key to success at PredictIt is timing. Make your predictions when most people disagree with you and the price is low. When it turns out that your view may be right, the value of your predictions will rise. You’ll need to choose the best time to sell!

Keep in mind that, although the stakes are limited, PredictIt involves real money so the consequences of being wrong can be painful. Of course, winning can also be extra sweet.

For detailed instructions on participating in PredictIt, see How It Works.

PredictIt is an educational purpose project of Victoria University, Wellington of New Zealand, a not-for-profit university, with support provided by Aristotle International, Inc., a U.S. provider of processing and verification services. Prediction markets, like this one, are attracting a lot of academic and practical interest (see our Research section). So, you get to challenge yourself and also help the experts better understand the wisdom of the crowd.

I have been monitoring it off and on for the last week or so and the price has risen from .22 a share to .28 per share at the time of writing.

It is an interesting site, and I am seriously considering buying in on some shares for some of the questions on there in the future.

What is interesting about it is this isn't just a "Do you think?" type of survey, these are for the large part "Investments" made by people doing some research and due diligence into the issue that they are investing in and putting real world money behind their opinion.

It should be interesting to watch how this plays out. Particularly in the days leading up to and following her interview with the FBI.

What would you put your money on? Smile

I am thinking there will possibly be a recommendation of charges, but I am not sure if the AG will actually file them unfortunately.

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Comments

GreyWolf's picture

Buy, buy, buy!!
It's headed to $2.00!

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Alphalop's picture

I could use the extra cash. Smile

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"I used to vote Republican & Democrat, I also used to shit my pants. Eventually I got smart enough to stop doing both things." -Me

Steven D's picture

and FBI director Comey were betting ....

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"You can't just leave those who created the problem in charge of the solution."---Tyree Scott

GreyWolf's picture

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thanatokephaloides's picture

If only we knew how AG Lynch and FBI director Comey were betting ....

That would make it insider trading.....

Wink

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"US govt/military = bad. Russian govt/military = bad. Any politician wanting power = bad. Anyone wielding power = bad." --Shahryar

"All power corrupts absolutely!" -- thanatokephaloides

GreyWolf's picture

CA.jpg

HRC basically said there's no reason to vote in CA, and I expect the Hillbots to do what the Queen said and stay home ...

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Alphalop's picture

over the last few days as well. Smile

I could have made ones of dollars!!! LoL

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"I used to vote Republican & Democrat, I also used to shit my pants. Eventually I got smart enough to stop doing both things." -Me

their house to the bitchwife's gambling the mortgage payments at the Tulalip casino and resort. I played poker for cigarette money in the 60s for college...

Never again. It is STILL gambling.

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******************************

Muerte al fascismo. Muerte a la tiranía. colapso total de los que promueven tampoco. A la pared con el unico porciento%

lotlizard's picture

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Alphalop's picture

I think there is still a lot of room for that to climb. Smile

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"I used to vote Republican & Democrat, I also used to shit my pants. Eventually I got smart enough to stop doing both things." -Me

Alphalop's picture

I expect it to hit even higher over the next few days.

It will be interesting to see if this "Crowd sourcing" of ideas turns out to be an accurate indicator of future occurrences of this sort.

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"I used to vote Republican & Democrat, I also used to shit my pants. Eventually I got smart enough to stop doing both things." -Me