by Recyclersteve » Fri Jun 29, 2018 6:00 pm
At first I thought you meant a downed power line still attached to a telephone pole. I just about blew a gasket when I read that!
To answer your question- I would take the outer sheath off, but it might not be worth stripping the three insulated wires. Often times you will get as much or more turning them in as insulated wiring. General rule of thumb- if it is a hassle, don't waste your time. If you just want to do it one time to learn more about the process, that is up to you. But for a lot of wire, the time spent pays you perhaps $1-2 an hour, way below even minimum wage.
Keep a computer file (like a Word document) to track your findings. Anything that you find on a fairly regular basis (i.e., certain types of insulated wire), you should probably compare the price you get for insulated wire vs. what you get (and how much less it weighs) for stripped (aka bare bright) copper. One that I find very easy to (partially) strip is Romex. Go to Google Images to see what it looks like. The outside is very soft and easy to remove. Inside you typically have three wires, and one has already been stripped! So I just pull that one out to sell as bare bright. The other two insulated wires may or may not be stripped depending on how hard the job is.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.