I gotta get in on that action man - buyin FRED low and sellin high when he is inaugurated.
Fred shares would have been liquidated well before that, since the bet is who will win the nomination.
Still, I'm taking a strong long position on Fred, a weak long position on rest-of-field, neutral on Romney, and short on Giuliani and McCain. I don't think Fred is terribly likely to win, but I think he's got better than an 8% chance since there isn't any candidate who is unambiguously better.