Nice understatement. It's been at 0.1 (dollars per share, not percent) since early July, not just "the last few weeks".
The volume looks to be total shares traded ever, not on a daily basis. Looking at the advanced graphing link, one can easily see that there has been no appreciable activity on the contract AT ALL since mid-October, and the trade price still remained constant at 0.1 even then.
I do note, however, that there now appear to be more (by about 7 to 8 percent) shares available today at 0.1 (the minimum trading price) than there were a couple of days ago, which means interest in Hunter is actually fading on the market, and that people are trying to dump shares if anyone will buy them.
Nice understatement. It’s been at 0.1 (dollars per share, not percent) since early July, not just “the last few weeks”.
***Thanks for the correction. I’ve only been following Intrade for the last few weeks, so I can’t tell how far back that goes, but that is the number to keep an eye on. It’s still 27778.
The volume looks to be total shares traded ever, not on a daily basis. Looking at the advanced graphing link, one can easily see that there has been no appreciable activity on the contract AT ALL since mid-October, and the trade price still remained constant at 0.1 even then.
***Sounds about right. The big problem with this contract is liquidity. People who buy it and want to go do something else with their money can’t sell it at even a modest profit. If there is a sudden injection of liquidity into this contract, we will see it hit a reasonable value, which I perceive to be around the same as what Hunter polls but that’s just my perception.
I do note, however, that there now appear to be more (by about 7 to 8 percent) shares available today at 0.1 (the minimum trading price) than there were a couple of days ago,
***How can you find that out? I don’t see how you get to that kind of screen. Here’s a snapshot of the current ask & bid:
ASK
Price Qty
0.1 639
0.2 742
0.3 375
0.4 300
0.5 152
which means interest in Hunter is actually fading on the market, and that people are trying to dump shares if anyone will buy them.
***Cool. Someone could make money on Hunter by supporting him. Double cool. Thanks for the post. I might want to ask you some more questions about Intrade in the future.