email from a friend
This is a very stressful time for us shareholders. What will happen going forward? Luckily both APO and NTB were both halted. If they werent I think the stocks wouldve gotten slaughtered. I wanted to share with you guys an email I got from a very smart businessman here in Canada who is a very close friend of my family.
Hi xxxx
Your Mom tells me that the Neptune shares took a nasty hit on account of the fire at the their plant. I'm thinking that you shouldn't be too quick to abandon the company. Shareholders can be very quick to judge a situation and dump the shares but if Neptune is a good company and properly insured it could come out of this stronger than it was before. In the short term they may be able to have some product contract-packed and in the long term build a new plant that will be more efficient and sized to the needs of the business. According to Warren Buffet the way to make money is to buy good companies when the market has beaten them down for some reason. If this is such a case it may mean this is actually an opportunity to buy more shares once their recovery plan is known.
xxxxx