Ron Paul: Five Million Dollar Man
Ron Paul's campaign reported an hour ago that it raised $5,080,000 last quarter, topping all but three GOP candidates, and more importantly, that it had $5.3 million cash on hand. (Scribbler happens to know that the campaign has as frugal an attitude toward expenditures as Dr Paul himself has toward government.)
Several news stories within the last hour come from Reason, The Hill, MSNBC, and ABC.
Gambling 911 reports that Ron Paul odds have been slashed to 6 to 1 to win, now favored over Romney.
Several news stories within the last hour come from Reason, The Hill, MSNBC, and ABC.
Gambling 911 reports that Ron Paul odds have been slashed to 6 to 1 to win, now favored over Romney.
posted by Scribbler de Stebbing | 10/03/2007 01:42:00 PM
Intrade has Paul last trading at 5.3 cents to win a dollar. Guiliani is at 38.5 cents, Thompson at 23.4 cents, and Romney at 23.2 cents. (So Thompson and Romney are basically tied.)
The only other ones over 1 cent are McCain at 4.7 cents and Huckabee at 3.2 cents. So according to the traders at Intrade, there are six candidates with any chance at all, and definitely a top three and three badly lagging candidates.
Would it be considered insider trading if I bought stock in RP?
An impressive showing indeed. Still, I hold to my prediction that the esteemed Rep. Paul will win exactly 0 states in the primary.
Today only, Nov 5, Ron Paul raised 1.5 million by 11 AM. Run a Google news search on "Ron Paul" today if you doubt me. At over 100k per hour, if this keeps up, he will net 2.5 million in just one day.
I haven't even checked InTrade today, but the buy-in there has been steadily been growing, with RP a pricier stock than FT and JM.
Freedom IS popular. There IS hope for America.
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