So the first time I heard of "dry ice bombs" was on a Google search when I looked up dry ice explosion after hearing about what happens to dry ice if kept under pressure for too long. Boy was I surprised when I started watching YouTube vidoes of a bunch of morons making dry ice bombs.
Now I will claim ignorance up until this point, as I had never had experience handling dry ice. But let's just say that you don't have to worry about me storing any of that stuff around my house. This is exactly what a biology professor at a Northeastern college did only to come home to a street full of police, fire and rescue workers after a container that was in his lunch box exploded.
Seriously, I can't make this stuff up: http://www.newsday.com/news/local/ny-liboom0113,0,6524957,print.story
Now, if reading this piece makes you wonder how much impact a couple of pieces of dry ice can really create, check these out:
1) http://video.google.com/videoplay?docid=7894391895156535748
2) http://video.google.com/videoplay?docid=3966798922638533240.
3) http://video.google.com/videoplay?docid=-505112331200415552
WARNING: PLEASE DON"T BE A MORON. DO NOT TRY THIS AT HOME! Hopefully, if you are spending time reading a blog about the markets and investment opportunities, you are not into blowing things up (like your hand). But if you go and do something stupid ... don't say I didn't warn you.
Now, you are probably asking, "What is the point of this post?" Well, do you think these few examples (there are a ton of them available) might clearly demonstrate why a company like FedEx might not want to use dry ice on their commercial airplanes for millions and millions and millions (did I say millions?) of express shipments? Remember, only a very closely monitored amount of dry ice can even be legally loaded onto a plane. A plane is a pressurized vessel, too much dry ice and ... boom! Dry ice and airplanes = not good. Wouldn't it be better to find something that doesn't explode?
If you can agree with the concept, perhaps you could agree that the one-way express shipper from CryoPort (OTCBB: CYRX) (http://www.cryoport.com/) might be a technology that is going to change cold shipping as we currently know it. Based on the public press releases by the Company, my guess is that we will start hearing about companies moving their cold shipping over to the CryoPort Express One-Way Shipper platform during the first half of 2008. I suspect that all of these new clients will be shipping through FedEx. I expect them to be small companies at first, gradually increasing in size, which would make perfect sense because the company is just now ramping up production to meet demand. Then, once the platform has proven itself, I expect LARGE companies to begin using the new option ... in LARGE amounts.
DISCLOSURE: I worked with CryoPort from mid 2004 thru August 2007. I assisted them in becoming a public company and I am pretty comfortable with the story. In my personal private equity holdings, I personally own stock in CryoPort. I have also purchased a significant amount of stock for clients through my advisory firm. Although I am not 100% positive, I am probably the largest single buyer of CYRX stock on the open market since it started trading. I have not sold any stock to date. And for the record, I am NOT working with them in any capacity at the present time.
Do I think that within the next year or two this stock will be on television with all of the "talking heads" (ie: Cramer, Fast Money, etc.) saying "How the heck did we miss this one?"
Yep and I'll be smiling the whole time.
