SRCO may prove to be my biggest turnaround play yet this year.
SRCO is a nationwide financial services company dedicated to the power-sports industry and is expanding its lease and financing operations to local, city and state governments.
Police and governmental agencies around the country are facing difficult economic challenges.
SRCO is offering municipalities a valuable alternative to the traditional purchasing of items like motorcycles, tactical vehicles, fire and rescue units, ambulances, and more.
SRCO's Municipal Lease Purchase Financing Program allows municipalities to acquire the equipment they need while they are reacting to decreased annual budgets.
Governmental agencies can spread the cost of equipment over time and still own the equipment outright at the end of the term of the lease.
SRCO forecasts a 20% rate of growth in its Municipal Lease Product during 2010.
SRCO is once again testing support at $0.02. If we see SRCO come off these levels and form a double bottom, a major rally should occur.
Start your research on SRCO. I will be sending additional information shortly.....
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