For those living in quake prone areas who find the price of insurance prohibitive one may want to investigate a company known as Taylor Devices.This company manufactures seismic dampers or shock absorbers for bridges and buildings and plans on expanding into the residential market.It trades on the Nasdaq under TAYD and has a propensity to trade sharply upwards from major quakes such as the Sumatra incident of 2004 when it nearly quadrupled.The stock got ahead of itself last month when it ran up to $9.25 and has since come down to a more reasonable $5.28 with the market declining.The tecnical indicators are the most oversold since September 2002 when it was $2.39.
The stock has appreciated 9% since i first mentioned it here in October 2006 whereas the Nasdaq has risen 4%. Check it out on Yahoo finance.com. Barry