Lots of news today, let's start with Box Office News first. Variety is reporting a $21.9 Million Thursday. Right in line with my prediction. I have gone long on $80 Million and $85 Million on Intrade.
With regards to the Michael Jackson murder contract, TMZ continues to report that it is a homicide investigation, that Propofol was definitely the cause of death of Michael Jackson and that Dr. Conrad Murray is now in Texas. The District Attorney's office has admitted there is a criminal investigation.
And last but not least, there have been interesting developments in Iran and the Intrade contract related to it. There has been some significant pressure downward in past days and we have seen contracts trading in the 70's and even one at 65. However, bids are back up in the 80's right now. Today there were protests that have the been the biggest in weeks coinciding with Friday prayers being led by Moussavi supporter, Rafsanjani. Bloomberg is reporting the number of people involved in the protests numbered in the millions.
"Some 1.5 to 2.5 million people took the opportunity provided by Friday prayers to get around a ban on protest rallies and gathered in the streets around the university, according to an estimate by Ayandeh News Web site."
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