Hey everyone, nice to see some action on the boards today. Volume in stock trade is very important. Today was a lot better than yesterday but then maybe everyone was busy buying up those deals in the stores these days. I can see Merchants are not waiting for Boxing Day to put on their specials.
Interesting to see the Bank of Canada drop the prime rate by 3/4 of a percent. It's not only Canada dropping the bank rate but it is happening globally. We also hear that GM and Chrysler being bailed out by the US government. All of this boding well for a recovery in the markets although it will be slow. Real Estate, The Stock Market and the Automobile Industry, all major components to recover an economy that is faltering.
An interesting fact, there are more millionaires made in recessions than in any other time. I find that fascinating. Smart investors search for opportunities that look promising and take action. Taking action is one of the most basic principles in business. Without action nothing happens.
As investors in SNA we took action by investing our money into a product, a management group and a company that we believe in. We anticipate that our company, management team will take our product and sell it on the open market. I believe our management team has done a tremendous job in finding markets who are in the process of buying our products. I believe they have done a tremendous job in testing and continuously improving the product so that it leaves no doubt as to the viability and consistancy of performance.
So now what? How about, ask not what your company can do for you, but what can you do for your company. Our company will continue to strive for excellence and peak performance. What is it that we can do? Hey, the President who asked that question landed a man on the moon.
I for one have an unshakeable belief in what this company will accomplish. In turn I tell everyone that I know about the investment opportunity that exists. Point of fact. My 3 nephews are investors. My brother in law is an investor. My daughters boyfriend is an investor. My business partner, friend and mentor is an investor. some of my real estate agents are investors. Some of my mortgage agents are investors. My insurance agent is an investor. One of my past business partners and friend is an investor. My front desk receptionist is an investor. Need I say more. There are probably more that I don't know about.
The time has come to start telling everyone you know about a tremendous investment opportunity. Tell them to buy our stock because as sure as I am typing you this message this stock will go up and where it ends up? and up? and up? no one really knows but up it will. Would I have told the people I have without the absolute belief that it would.
I believe that any worthy goal can be accomplished with consistant positive efforts and the more people who share the vision the better and easier it gets. So here is looking.......... hmmmmmm nah I am going to start wearing shades. Our future is that bright!!!!!
Positive vibes to all!!!
BL
