Fonar Corp. Message Board

great one!

worth checking.

nice job

Buyouts occur when the stock price is low. FONR is trading almost 6x higher then this time last year. This is more like distribution phase.

Did I hit a nerve? My post applies to any company that is in the MRI making business. Are you that stupid to think someone would want to buy 14 year old technology. I've never posted that money can't be made on this stock. I'm simply stating that Fonar is no longer in the MRI manufacturing business. There are many reasons they haven't sold a machine in over 15 months. There are presently 3 niche makers of open, standup/upright MRI machines. Esaote and Paramed Medical are selling their machines and Fonar isn't. Fonar's machine is too outdated, too big, and way too heavy and costly to install.

60% of today's US MRI sales are for machines that meet the gold standard (1.5T or higher). 20% of MRI sales are for newer, much smaller and cheaper extrimity machines. That leaves 20% for the crowded open field and Fonar's machine is the most expensive, most outdated and by far the heaviest machine out there.

Play the stock for their clinic management business but don't try conning folks into thinking someone would want their MRI technology when their outdated standup patents will soon expire and are antiquated.

But also realize, Tim Damadian ran HMCA before and when he left last time, he took most of the clinics with him and now Fonar has bought them back for a huge chunk of change. And Medicare's HOPPS and lower insurance reimbursement rates aren't helping stand alone clinics.

just received

good report

got it

I agree with this

Thanks for sharing

really helpful

Earnings, plain and simple. I've been trading it for the last year since it made its original run from $2 to $6.80. Be careful, it's wild one. Known to spike in the am and cool off in the pm like it is rt now. That said, I think it could run to $9-10 SOON....

Sentiment: Buy

I agree with this report

good to know