Tradesports contract down 18 points

[tclckc]

ya jus, but don't get too excited. there isn't an infinite market. If you bought all the shares being offered you wouldn't make 100 bucks and would be tying up over 1000 to do so.

[luckyluckyjoe]

Is there any limit on how long the president has to sign the bill?

[Jussurreal]

oh.....bummer. Its still free money though.

[tclckc]

believe he has 10 days from when it passed to do a real veto or it becomes law. the reason it wouldn't be a pocket veto is because congress is not in adjournment

[Magic_Man]

[ QUOTE ]
ya jus, but don't get too excited. there isn't an infinite market. If you bought all the shares being offered you wouldn't make 100 bucks and would be tying up over 1000 to do so.

[/ QUOTE ]

Just for the record, this is untrue. If you spend $1000 on shares at 75, you could buy 133 shares (they cost $7.50 each), and you'd make $2.50 * 133 = $332.50 for a ROI of about 33%. Not bad.

[tclckc]

IF the key point. You couldn't buy $1000 shares at 75 because $1000 worth of shares were not being offered at 75. There was about $70.00 worth of shares being offered below 90 and a whole buch in the 90-98 range. My post read "if you bought all the shares being offered"