InvestorsHub Logo
Followers 14
Posts 1813
Boards Moderated 0
Alias Born 02/24/2007

Re: rockbu post# 7039

Wednesday, 08/27/2008 1:17:19 PM

Wednesday, August 27, 2008 1:17:19 PM

Post# of 16989
Nothing is holding us back except the majority opinion seems to be that WEGI is the best hurricane play due to it's low float. NSMG had added millions of shares over the last 3 years but IMO is still a good play here due to the fact that a large portion of their revenues are derived from hurricanes and major hailstorms in the midwest and south. They have recently opened two offices in the south in order to better respond to hurricanes.

I got back in here yesterday and am expecting a good run if the predictions for Gustav of CAT 4 intensity and striking near New Orleans pan out.

Last year with no hurricanes we reached .31, the year before .68, and right after Katrina $3.20!