16 December 2009
Unsettled Golden Globes markets favoring “Up In The Air”
Posted by QuikSand under: Prediction Markets .
The offerings at Intrade for the Golden Globe awards are fairly newly cast, and still represent a dreadful lack of value for a still-evolving market. But the early push seems to be on the George Clooney feature, Up In The Air. Shares of that film were selling at an ASK of about 55, with a need to price all the way up to 65 to get even 50 shares deep. Clearly well too high for a value play.
The market bears watching, and may offer some speculative opportunities. But right now, the total ASK price on the five nominees totals about $140. Steer clear.