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FONR - Fonar Corporation - Page 3

post #41 of 70

Sold some on the bounce at .74 and kept some long. will look to add back more once the price settles back down. good day for FONR with high volume and big upswing in price. looking for more positive in the coming year about new business.

Management has some time still before they have to trade over to stay listed. they have a extention on this I think. they definitely want this over a dollar, but it will take more news and support to get it there.

Go NDOL, FMLY, AMEP, & TRDQ
post #42 of 70
The large and long picture is very clear from here. Fonar's fiscal year ends at the end of this month. Considering the dissapointment of 2006 with revenues off 40% or more, mostly due to a gap in time where the company redirected its marketing and management efforts for mass distribution - 2007 is a shoe in to destroy 2006 in terms of revenue recognition. This DOD announcement is a huge step in the UPRIGHT turning the corner and revolutionizing imaging but more importantly opening the floodgates in terms of of the pace of units being sold. Considering 9M back scans a year in this countr alone there is a market worth billions and FONAR is the sole maufacturer. The DOD sets a huge precadent for the necessity of this machine in every hospital and imaging center in the world. 2006 set the table for a perfect turn around story.
post #43 of 70
Quote:
Originally Posted by GORDO
The large and long picture is very clear from here. Fonar's fiscal year ends at the end of this month. Considering the dissapointment of 2006 with revenues off 40% or more, mostly due to a gap in time where the company redirected its marketing and management efforts for mass distribution - 2007 is a shoe in to destroy 2006 in terms of revenue recognition. This DOD announcement is a huge step in the UPRIGHT turning the corner and revolutionizing imaging but more importantly opening the floodgates in terms of of the pace of units being sold. Considering 9M back scans a year in this countr alone there is a market worth billions and FONAR is the sole maufacturer. The DOD sets a huge precadent for the necessity of this machine in every hospital and imaging center in the world. 2006 set the table for a perfect turn around story.

Nice post Gordo!!! The DOD news is huge and it will be nice to see this stock living up to its huge potential. You're right it will be nice to put 2006 behind us soon and look to improve numbers in 2007.


Go NDOL, FMLY, AMEP, & TRDQ.
post #44 of 70
Fonar bouncing today, up 10%. Volume picking up and something may be brewing with that DOD contract. Worth keeping an eye on it with 10-Q usually out in July.
post #45 of 70
Quote:
Originally Posted by MadEyeMoody
Fonar bouncing today, up 10%. Volume picking up and something may be brewing with that DOD contract. Worth keeping an eye on it with 10-Q usually out in July.

I agree that this may move soon it has been sold off hard on recent news, we will need a pr or to get past year end earnings and should see some movement then. They still want this over a dollar to stay listed. The next year earning should compare good to the disappointment from this year as the company is spending money to market the product more. the DOD contract was huge news. IMHO.

Go FMLY, ECCI, AMEP & TRDQ.
post #46 of 70
On charts indicating institutional holdings, FONR shows 11% held by institutions. Just waiting for this one to get back to my $3.00 entry several years ago. Such potential with a great product needs to be recognized. GLTA
post #47 of 70
Fonar has a Dept. of Defense contract in place which allows them to sell DIRECTLY to the different areas within the DOD without going through all the red tape other companies have too. A major run is coming due to 2 factors, #1) they want to be over $1 by year end and #2)I believe they will show profits in the next quarter. Add a possible PR about a SUMRI being sold to the US Government and we could be looking at $5.00 easy by next fall. JMO.
post #48 of 70
I really hope you are right. I have been in this since the $3.00 range and sold some at the end of last year for tax deduction. Still think it is a great product and that its time will come, but how long? I like your prediction of $5.00 in the near future.
post #49 of 70
Bounced off .25 twice in the last three months and did it again friday. Nice volume and indicators turning up. Keep an eye on it Wednesday.
post #50 of 70
chart is looking good!
post #51 of 70
Beginning to move.

Keep a close eye on it
post #52 of 70
this is looking real nice today!!!! one of the top 50 most active so far this morning, up 10%
post #53 of 70
Yup!
post #54 of 70
I think she'll go really soon.
post #55 of 70
What's making it move today? I didn't find any news.
post #56 of 70
post #57 of 70
chart looking good
post #58 of 70
.28 nice
post #59 of 70
Breaking out
post #60 of 70
DAMN CRAZY TODAY!!
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