SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Revision History For: Fonar - Where is it going?

No earlier versions found for this Subject.


Return to Fonar - Where is it going?
 
I've been a holder of Fonar since last June. The stock (fonr) has
wandered between 2.125 and 3 for all of that time. It has recently
made it back to 3. Is this a good time to move on to some of the
other fine opportunities in the market right now. I really don't
want to go another year with this one. If a rise to at least 4 is not
seen in the next 3 months I will get out.

For those who don't know, Fonar makes MRI equipment and holds some of
the original patents in this technology. In the last year most of
their revenues have come from patent infringement lawsuits. They
appear to have new products that are very competitive but good marketing seem to be lacking.

Any experts on Fonar, please let me know if you think the current price of 3 is a top for the next 3 months. If so, I'll get out now
and maybe come back in later in the year.

Thanks

Jim