Investing on Ebola Scare
Anyone have any ideas on how to capitalize on the Ebola scare currently getting talked about?
I've picked up some shares in a biotech company (Tekmira) that is developing a potential cure but that's a spec play and could blowup depending on the FDA.
Any ideas on how to short west africa through an index or individual securities? Any opinions on going long cocoa?
Their Ebola therapeutic is still in phase I, many years/clinical trial hurdles from FDA approval.
tgmurr2010 - Thanks for the idea....I hadnt really thought about it because it doesnt seem to be spreading here in the US. At this point there is only 2 reported US cases. Until the US has more I am going to stay clear of it at this point because of the safety concerns reported --- thanks from the @stockmarketDr on twitter!
tgmurr2010 ---- Very proud of you -- You definitely hit the jackpot on this one! Great job!
I actually looked into that idea. I don't think the drug idea is very viable because the disease is pretty easily controlled with proper quarantine. Perhaps the insurance space but I don't think diseases are typically a covered peril for non-health.
On the fixed income side, you will probably see the usual - move to treasuries etc.
Look for a commodity which is mostly produced in west africa. If ebola breaks out, production will slow and supply will dip, so prices will rise. Then profit by investing in a producer from a separate region.
That's why I had mentioned Cocoa.
According to the World Cocoa Foundation (http://worldcocoafoundation.org/wp-content/uploads/Cocoa-Market-Update-…), 68% of the commodity comes from this region of Africa. I'm just contemplating whether it's better to invest in futures or try finding a cocoa producer/exporter in whose operations are located elsewhere in the world (Indonesia for expample).
Really?
http://www.dailymail.co.uk/health/article-2711733/When-life-saving-Ebol…
TGM 10 you sir have made a killing.
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