Selling Bob Barr short?

Posted by Dan on May 28th, 2008
2008
May 28

The Libertarian Party nominated former Georgia Republican Congressman Bob Barr for President. The video clip shows that both Sean Hannity and Alan Colmes can tell the difference between a Libertarian and a right-wing Constitutionalist, and that Bob Barr is no Libertarian.

I wish Intrade had a Barr contract that I could short. The closest thing is the “Field” contract on the Presidency, which pays off if someone other than a Democrat or Republican is elected. This contract would cover Bob Barr and Ralph Nader and anyone else, and is trading at 1.4%. With 5 months until the election, that’s 3.36% annualized. Not very attractive, but I suppose there are worse trades. In comparison, Hillary is at 7.7% or 18.48% annualized.

Maybe the Ron Paul supporters will migrate to Barr and bid up the the Field contract. Meanwhile, my Gore short position is in the money, and I’ve added a bit to my Hillary short position.

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