On September 31, Corzine was given about a 30% chance of winning the Governor's Election in New Jersey according to Intrade. Now with less then three weeks to go until election night, Corzine has soared to an amazing 63% and has consistently traded at that level for the last day. If you had invested $100 on Corzine shares 15 days ago, you could sell it for over $200 today.
The funny thing is, Republican candidate Christie is still in the lead in many polls but has seen his lead diminish in the past months with no end in sight. If the trend continues, Corzine will probably win. Corzine has gone negative in the past weeks, attacking Christie for his weight and leaving Independent candidate Daggett alone to wreck havoc on Christie's candidacy. Corzine is also apparently not afraid of being associated with Obama as he will be making another campaign stop for him.
Right now, I give Corzine roughly a 55% chance of winning this election. If the election were held today, I think Christie would barely win, but he has not been able to stop the bleeding and by the time election time rolls around, Corzine might have a 1 or 2 point lead if current poll trends continue.
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