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School Specialty Inc. Message Board

captainodestin 5 posts  |  Last Activity: Sep 1, 2014 12:07 PM Member since: Dec 21, 2007
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  • Fonar should announce the fourth quarter and fiscal 2014 results near the end of this month. ( probably in the last week of the month). Then they should present Q1 fiscal 2015 results just seven weeks later in mid November.

    Fonar having it's fiscal year year end on June 30th causes a large time gap between the reporting on May 15th of the prior 3rd quarter results and the upcoming 4th quarter results. Gap of 4 and a half months here between earnings results caused by the need to file audited fiscal 2014 financial results along with the 4th quarter results.

    That delay between the quarterly results is most likely the real reason for the decline since the 3rd Q report, i. e. (1) people understood that it would be a longer than usual time before the next report was released and took the opportunity to exit the stock, and i. e. (2) it also gave the manipulators a reason to then pile into the decline because of the extra time they had to work their mojo. These two factors are likely the true cause of the decline in the stock. There simply wasn't anything in the 3rd Q report or any of the company's fundamentals which can account for the selloff in the stock.

    But this is coming to an end now that September has rolled around witness the collapse in the short interest.

    Factors (1) and (2) above may have been annoying, but it's all good now, because I think these factors will reverse shortly. I expect the players who were selling out in factor (1) above are all done and will be replaced by players buying for a run up as we move towards what should be strong earnings reports coming up; and I expect the manipulators who piled into the past decline will be replaced by manipulators who will pile into the run up in price as we move forward. The pendulum swings both ways as they say.

  • captainodestin by captainodestin Jul 28, 2014 4:48 PM Flag

    Made my first purchases last week and finished up today. I think FONR will see upper teens to low twenty's by year end/early next year

    Might go lower over the next couple weeks or so but that does not concern me. Got in plenty cheap and plenty cheap is good enough.

  • Not saying there is any long term value here (there isn't), but it might get a tradeable bounce it goes under 10 cents next week.

  • Trade a lot and short a lot sometimes, but I don't post much anymore. Not much worth the effort to post, but you guys are so stupid that I just have to post here.

    I shorted into the spike yesterday @ 2.60, 2.62 and 2.63.

    Hard to believe that their are people here who were going long yesterday on a %50 price spike because of a P&D article on seeking alpha and the clown like mistake in thinking the wainwright started coverage of the junk company with a $5 price target.

    FYI, Wainwright actually started coverage of another company called Cesca Therapeutics (stock symbol KOOL) with a $5 price target. People buying yesterday so stupid they did not even know what actual company Wainwright started coverage on.

    Also FYI, majesco (cool) is in need of funding and has a shelf in place. Good chance they will act quickly to take advantage of the idiotic spike in the stock price and sell shares.

    Everything this junk RS stock gained on the seeking alpha P&D and the case of "mistaken identity" will disappear soon enough.

    You might think I would be grateful for the stupidity of those that bought yesterday and ran the stock price up since I will be profiting nicely from it. You would be wrong. I detest stupidity even when I profit from it.

  • In addition to being the majority whip in the US senate it seems that Durbin also serves on a lot of senate committees. Among them is the committee on appropriations and the subcommittee on education.

    Was thinking of buying some today. Glad I did not.

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