March 18, 2010 11:00am by David Farrar

My iPredict stock

My net worth on iPredict is now up to $5,900, and I currently am invested in 28 stocks, and have 11 active buy or sell orders.

Some of my current stocks are:

  • PM.2011.NATIONAL – this has climbed from 66c to almost 77c. As it does not pay out until end of 2011, this is a very high price.
  • TOPTAX.33-35 – I have purchased this stock in the hope that the top tax rate in the budget will be restored back to 33%, where it used to be before Cullen. Is at 88c.
  • UK2010.CON.ABS is at 50c and pays out if the UK Tories gain an absolute majority. Recent polls had shown this was unlikely, but in the last few days their lead seems to be growing again.
  • AKL.RUN.TAMIHERE is at 45c. I am selling this as I do not think he will stand for Mayor (more likely for Council).
  • AU.USD.2020.1 pays out if the Aussie dollar matches the US dollar in 2010. I have sold this stock and it is at 34c.
  • I have sold all four leadership stocks, paying out if they lose their jobs, so I think Key, English, Goff and King will all be there at years ends. Prices are Key 5c, English 10c, Goff 15c and King 15c.
  • MIN.DEP2.2010 pays out if there is a second Ministerial resignation this year. I sold this at 58c and it is currently at 63c. So I am hoping no one else stuffs up!
  • MIN.HEATLEY pays out if he returns to the Ministry. Is at 15c, and I sold it at 17c.
  • MINWAGE.1STREAD pays out if Sir Roger’s bill passes first reading. I short sold this 52c and it is now at 1c as National have said they will not vote for it.
  • Have short sold the two stocks for the ACT and Maori Party agreements with National terminating. The ACT one is at 6c and Maori Party 9c.
  • By just 0.1% Obama had a positive approval rating on the 1st of March. I was nervous as I had $600 on him not being negative. His current net rating is 2.8% positive so I have short sold the OBAMA.DISAP.1JUN which is at 27c.
  • I have short sold both the OCR increase stocks, getting 31c for the increase by 1 April and 82c for the increase by 1 Jul. I am confident on the 1 April one and think 1 July will be a close call.
  • PRES2012.PALIN pays out if she announces she is standing by the end of 2011. I short sold this at 51c, which is where it still is.