underpriced Intrade stock

Anthony Weiner to resign by September 30 is still only at 61.9%.

I can’t believe it’s that low.

There’s a 17-year-old girl involved in the story now. Obama already dropped the heaviest of hints yesterday, saying: “if it were me, I would resign.”

There’s no way Weiner is going to weather this through September 30.

If not that I don’t actually want to make bets on news events, there would be an excellent 40% windfall earnings opportunity here. If Weiner is in Congress on October 1, it will be a shock.

There are plenty of people who have made fortunes on the stock market. I wonder if anyone has ever become an Intrade millionaire, parlaying their political instincts into an Intrade fortune. My friend Graeme Wood will soon be in Dublin to do a story on them; I’ll ask him afterward who the biggest Intrade tycoon in history is.