Replies to post #38485 on Savvy Trades and Investments

[nelson1234]

Deewar, GV, I mean I like GV but last year was one of the worst years for wind damage in Texas due to a huge Tornado season, and Florida had several big storms pass through, but GV didnt seem to get a lot of extra business. Same with super storm Sandy...there were crews from the south (I saw crews from Alabama Power and Light, and other souther states) but I'm not certain wether it helped GV or not. I

And power line damage is basically a one/two quarter fix (depending on when in the quarter the storm hits). Nowadays, perhaps different then back in Katrina, they just send tons of workers and vehicles from Utility companies across the country to help the effected state (Texas out. And the power gets back pretty quickly. I certainly saw this from Superstorm Sandy in New York and New Jersey....crews from Alabama Power and light and others in the south, and lots from Ohio and Pennsylvania. Sure, there were some areas near the shore that were difficult to get to and maybe fixing those small amounts got pushed into later quarters, but my guess is 90+% of all the work will be done by the December quarter.



best.

[bbotcs]

Deewar25: GV

I hear you. And hurricane season is not over. That is the scariest part.