Tag Archives: John Delaney
Why I unsubscribed to John Delaney (InTrade) and Jed Christiansen at Twitter
I try to “follow” as many prediction market people on Twitter as I can (click on “following”), but I had to unfollow these 2 persons because:
- I like Jed a lot, but he often tweets about his private life. I wouldn’t mind, but the problem is that I follow 70 people, and if they all [...]
Scrutinizing InTrade’s financial statement for 2008 — Part II
Jesse Livermore (a pseudo):
More Intrade Financials
I paid 7.50 euros to see Intrade’s full filings from 2008 at www.cro.ie. I’m not going to post them publicly, because they contain the names and addresses of everyone who owns shares in the company. (Fun fact: John Delaney’s address does not have a number, it has a name.)
A few [...]
Blame the messy CEO —don’t blame the media.
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Nothing is more untrue than that.
I do report things —bad things, and good things (like the NKM scandal, which “StrangeLove” alluded to).
I give my opinions —and I link to or re-publish other people’s opinions.
If the coverage of InTrade has not always been positive, it is due to the *illegal* nature of their business and the [...]
InTrade CEO John Delaney: “Midas Oracle is welcome to publish our financials. I am glad that bombastic gadfly did it.”
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The InTrade documents:
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I have obscured the personal addresses of these 2 persons:
Hearthis post
InTrade recorded a loss after taxation of $799,253 in 2007–2008.
What is the future of InTrade?
Comments are open.
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I have obscured the personal addresses of these 2 persons:
Hearthis post
InTrade’s financials: Where is the note #12?
Our commenter:
We would need to see note 12 to understand what happened to the Share Premium account. It appears that the December 31, 2007 balance of the P & L Account was applied against the Share Premium account. However, at September 30, 2008, the Share Premium is 1,063,614 higher than it should be (6,651,502 – [...]
InTrade’s Accounts and Balance Sheets — 2007 and 2008
This material is available on: http://www.cro.ie/ .
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2007
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2008
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There might be a slight discrepancy between the accounts and the balance sheet. If you, too, spot it, then publish a comment just below, and we will share our thoughts. (Please, do not publish any negative comment that can be legally reprehensible.)
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I have obscured the personal addresses of these [...]
A Canadian event derivative trader reflects on the future of InTrade and Tradesports.
Sacha Peter:
The future of Intrade and Tradesports
About a week ago, Tradesports announced that they were closing down. Tradesports was the primary operation behind the prediction market, until in the beginning of 2007 they split up into Tradesports (which dealt with sports markets) and Intrade (which dealt with everything else).
The two entities were separate in name [...]
Why did John Delaney shut down TradeSports?
He has offered 2 different explanations.
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EXPLANATION #1: Let’s blame the Unlawful Internet Gambling Enforcement Act of 2006.
We underestimated the difficulties that current and new customers would experience in funding accounts and partly as a result of this we have reluctantly decided to close TradeSports. While we are not hopeful that funding issues may dissipate soon, [...]
The InTrade predicton markets on the viability of InTrade are *STRUCTURALLY* designed to *DETER* any InTrade trader from betting on the negative side of the issue.
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Link via Jason Ruspini
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Previously: The InTrade predicton markets on the viability of InTrade won’t reveal *ANYTHING* about the future of InTrade.
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Hearthis post
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