The markets, covering the likelihood of Fidel Castro resuming his Leadership of Cuba, saw some price swings during the week, mainly at Newsutures, where the price for Fidel Castro's return breached 80, then dropped below 50, before settling at 61. Inkling Markets' price at 71.27 continues to be less volatile and slightly more optimistic than Newsfutures, while over at Tradesports, the market - which has only days to run before it expires - experienced a significant price fall to 7, reflecting a very low probability of Fidel Castro resuming power before end-August.
Prices currently stand as follows (at the time of this entry):
Inkling Markets, DOWN, at 71.27 (30th September); down slightly on the week;
Newsfutures, UP, at 61 (open-ended); up almost 25% on the week
Tradesports, DOWN, at 7 (31st August); with a current ASK at 4; down over 50% on the week.
Each of these markets has a different expiry period.
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From the crew at SMARTCROWD.
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