WNC reported quarterly results yesterday after market close and like other companies in this sector saw diminished top line, but because of quality management were able to increase margins and hence earnings. investors acted favorable to these results both in terms of volume traded and pps.
How is this related to CMT? CMT operates in the same sector. CMT also blessed with high quality management. CMT is largely owned by investors that have the same kind of investment objectives. Personally looking forward to upcoming report and believe that improvement to either top or bottom line will be a catalyst for improved pps. Improvements to both should be a slam dunk.
One unit was recently purchased by Alaska Imaging in Anchorage. The television adds which promote the virtues of this technology shows a nice blue "FONAR" on the machine. It is encouraging to see this technology coming to Alaska especially considering what a small market we are. I am aware of two other machines in the state in even smaller markets than Anchorage. All three MRI's are operated by third parties. This does not refute your observation that Foner prefers to operate it's own equipment.