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Fonar Corp. Message Board

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  • mctr_dangerfield mctr_dangerfield May 15, 2012 2:06 PM Flag

    Institutional Ownership

    So from %3.10 to %3.67, a tad over 1/2 percent.

    Suggests no real defections but still undiscovered, or institutions waiting for more proof that the company is in their corner versus its own corner.

    We can probably expect a little more wild wild west type movements.

    Is what it is...

    Management will have an opportunity, if they care, to at least convince its retail ownership that this is more than a self serving shell with the next press release.

    Business momentum in theory should persist, and shareholders should benefit (despite our second class status) from the cup overflowing and any exit strategy.

    I remain a believer until a case is made to the contrary. My only hedge thus far has been to take off any margin related positions.

    GE has to be knocking pretty loud at the door at this point. Worst case, its a swing trade.

    We'll see.

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