I’ve grown optimistic for the turmoil taking place in the Middle East. When the event was contained in Egypt and the local pro-western governments, it really got to me. But now that I’m watching Ahmadinejad and Qaddafi taking a piece, I suddenly have renewed hopes for humanity. My original pessimism stemmed from the assumption that Iran would be in a position to play Egypt’s strings. That is now in question.
Maybe this thing will spread to South America and come knocking on Chavez’ and the Fernandez’s door?
That being said, I’ve gone over my assumptions and positions, and there just isn’t much backlash or gain I can receive from this whole situation. It’s like a Shakespearian play; I’m in the audience, watching intently, but the actors are all talking in obfuscating ways, and I don’t really care when Mercutio dies.
As for my positions: AWK is already up almost another percent in pre-market trading, and seems to be standing above the water utility crowd. However, other names may well eclipse this one in the coming months.
I remember someone on my column pumping CWCO because of their water desalination technology. Jim Jubak over on MSN has also assembled a list of some ideas. I haven’t checked out CWCO or any of Jubak’s picks; however, I generally agree with the thesis. Especially with the draughts that have been taking place in the Asian continent, coupled with that region’s notorious lack of cleanliness; you can expect them to be forced to invest in water in a big way, over the next few years, if they hope to avoid the next plague/famine.
That being said, I’ll just stay with AWK. I like their position within our own country, at this place and this time.
As for work with actual substance to it; I’ll either be releasing some notes on various stocks that have been mentioned in the comments section, finishing the Talir Index (it is very close to being done), or writing on the concept or risk threshold and what it means for stock selection and decoupling.If you enjoy the content at iBankCoin, please follow us on Twitter