How much is psy-ops by folks with campaign money... just curious? The Rats could bid it up and the GOP could as easily bid it down.
Bit it up and *offer* it down.
And it takes money to do that, the same as if you try to move Intel stock or oil or any other market. Of course, Intrade contracts are going to be a lot less liquid.
Apparently in 2004 someone market ordered Bush presidential contracts all the way to zero to try to manipulate the market. The article I read was saying this would’ve taken hundreds of thousands of dollars to do.
Naturally it rebounded, and apparently came all the way back to where it was. So basically somebody just gave everyone else incredibly cheap buys—the same as happens when someone tries to artificially move any other market.