Making money from Hurricane Sandy

Discussion in 'Trading' started by joshcohen, Oct 29, 2012.

  1. What stock recommendations are there to make money if the hurricane floods the east coast?

  2. 1) ?..... short-sell insurers and electrical utilities? :confused: :(
    2) !..... get "long" for a "not as bad as expected" rally! :eek: :)
  3. Bob111


    short casinos.AC is flooded
  4. Bowgett


    I am planning for #2
  5. Get a chain saw and remove fallen trees. My neighbor had one fall on his house after a hurricane and they wanted 7000 bucks to remove it.
  6. Brighton


    As Katrina approached, I had a brilliant idea about how to make money from the storm, so I bought shares in Clorox (CLX). Visions of trainloads of bleach chugging toward New Orleans filled my mind.

    Didn't turn out that way; I think many of the houses were left to rot and then were torn down. However, my story has a happy ending because CLX was a decent stock pick. I bought it in the low or mid 50s, it paid a 2% or 3% dividend and I sold it a while later in the high 60s or low 70s.
  7. hoodooman has the right idea. there were stories of entrepreneurs buying portable generators for $500 in other states near LA and selling them for $10,000 in LA. they would buy like 10 generators and put them on the back of a pickup and just drive down the devastated areas and pull over to people and ask if they wanted one. cash only of course :cool:
  8. Your post tops mine. Selling generators is a lot less work than cutting up trees.
  9. Short airlnes. :cool:
  10. jb514


    not seeing what I expected...
    #10     Oct 31, 2012