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Playing Castro's Death

Posted on 10/18/12 at 12:30 am
Posted by Interception
Member since Nov 2008
11089 posts
Posted on 10/18/12 at 12:30 am
Symbol: CUBA

I saw this little beehive moving over the past week. I've been keeping an eye on it in my favorite stocks list and every time Castro is rumored to be dying this stock takes off. Anyway just a random trading idea.

ETA Warning: I think the SOB has lasted through 10-12 Presidents.
This post was edited on 10/18/12 at 12:31 am
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 10/18/12 at 6:48 am to
Well, CUBA (Carribean Basin Fund) does claim to invest in equities in the Carribean, including Cuba.

I didn't realize it was possible to own stock in that country, but whatever.
Posted by greenhead11
Member since Feb 2012
955 posts
Posted on 10/18/12 at 6:59 am to
Pretty sure it's not possible for a US citizen to own stock directly in Cuba. However, through Canadian brokers you may be able to. There a few O&G companies I know based out of Canada who drill around Cuba, Columbia, Venezuela
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