Is it wrong to capitalize on terrorist attacks? - GoFuckYourself.com

VikingMan · 01-07-2010, 08:05 PM

I bet there will be something major going down at the 2010 Olympics next month in Canada. Canadians need that extra bit of fear so that they willingly give up more of their freedoms

So if there were to be an attack what would be the best investment? Perhaps bet against the CAD in your FOREX account or buy security related stocks one week before the event?

Is this type of thinking wrong in your opinion?

CDSmith · 01-07-2010, 08:09 PM

Wrong? I guess it depends on how it's seen by the masses. For instance in Canada right now several dozen of those contraversial body scanners are being implemented in airports all across the country. At $250K a unit (including training) I'd say someone is profiting from terrorism big time.

Aparently the owner of the company that makes the scanners is a friend of a certain top level politician.

$5 submissions · 01-07-2010, 08:54 PM

Hmmm, interesting question. How is that any different from betting against a currency because there's some other manmade disaster looming? Unless you KNOW FOR CERTAIN, then that's a different question. But if your BET is as good as any others (ie, no knowledge of certainty of event), no ethical issue there.

People play the market based on contingencies all the time. The ethical issue only arises if people CREATE the event hoping to bank on it.

HandballJim · 01-07-2010, 09:09 PM

News it what drives stocks whether it is good or bad.

I have been trading some of the body scanning and bomb detection stocks...
IMSC.OG, VSYM.OB, ICXT, RAE, MOC, IDOI.OB, IDN, ID, ACTI, ASEI

epitome · 01-08-2010, 12:43 AM

What you're proposing is fine in my book.

You'd be making bets on the big picture.

If you were taking out individual life insurance policies or something ... that'd be a whole different ball game, IMHO.

Fletch XXX · 01-08-2010, 06:47 AM

the news makes millions off of dead kids, missing kids, blown up soldiers, old people stranded dead at sea etc...

capitalism is capitalism, the dead sell well.

01-07-2010, 08:05 PM	#1
VikingMan Exploiting human weakness Industry Role: Join Date: Jan 2008 Location: next to a salmon stream Posts: 6,476	Is it wrong to capitalize on terrorist attacks? I bet there will be something major going down at the 2010 Olympics next month in Canada. Canadians need that extra bit of fear so that they willingly give up more of their freedoms So if there were to be an attack what would be the best investment? Perhaps bet against the CAD in your FOREX account or buy security related stocks one week before the event? Is this type of thinking wrong in your opinion?

01-07-2010, 08:09 PM	#2
CDSmith Too lazy to set a custom title Industry Role: Join Date: May 2001 Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am I located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :) Posts: 51,460	Wrong? I guess it depends on how it's seen by the masses. For instance in Canada right now several dozen of those contraversial body scanners are being implemented in airports all across the country. At $250K a unit (including training) I'd say someone is profiting from terrorism big time. Aparently the owner of the company that makes the scanners is a friend of a certain top level politician. __________________ *Promote Wildmatch, ImLive, Sexier.com, and more!!* ALWAYS THE HIGHEST PAYOUTS: Big Bux/ImLive SIGNUP ON NOW!!! Put some PUSSYCA$H in your pocket. ICQ me at: 31024634

01-07-2010, 08:54 PM	#3
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Hmmm, interesting question. How is that any different from betting against a currency because there's some other manmade disaster looming? Unless you KNOW FOR CERTAIN, then that's a different question. But if your BET is as good as any others (ie, no knowledge of certainty of event), no ethical issue there. People play the market based on contingencies all the time. The ethical issue only arises if people CREATE the event hoping to bank on it. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

01-07-2010, 09:09 PM	#4
HandballJim Confirmed User Industry Role: Join Date: Sep 2008 Location: NYC Posts: 4,024	News it what drives stocks whether it is good or bad. I have been trading some of the body scanning and bomb detection stocks... IMSC.OG, VSYM.OB, ICXT, RAE, MOC, IDOI.OB, IDN, ID, ACTI, ASEI __________________ HOW I MAKE LOTS OF $$$

01-08-2010, 06:47 AM	#6
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	the news makes millions off of dead kids, missing kids, blown up soldiers, old people stranded dead at sea etc... capitalism is capitalism, the dead sell well. __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

01-08-2010, 12:43 AM	#5
epitome So Fucking Lame Industry Role: Join Date: Jun 2009 Location: St. Petersburg, FL Posts: 12,158	What you're proposing is fine in my book. You'd be making bets on the big picture. If you were taking out individual life insurance policies or something ... that'd be a whole different ball game, IMHO.