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Microcap & Penny Stocks : Fonar - Where is it going?
FONR 14.92+0.3%Nov 12 3:31 PM EST

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To: telephonics who wrote (19045)1/10/2004 8:20:34 PM
From: D_I_R_T  Read Replies (1) of 19354
 
tele,

Point well taken. After holding 5000 shares for about 3 years, at 2.50 per share, I sold on 12-29 and took the tax loss. I lost the chance to use that money for so long it makes me sick. For one, I made the mistake of buying to much based on the percentage it was of my port.. Also I didn't buy down when it dipped, which would have helped me get to even and out, as I should have. Part of the reason was most of this time I had no unencumbered funds. Lessons learned now.

Things are better though. I bought BIPH, DSLN and PTN on the 29th of Dec.. Check the prices today. I have recovered nearly half my base and that is after selling BIPH when it was a double. I'd be up over half if I'd have held that issue as it kept going. I am not complaining though. I am thankful(and lucky)that I have recover so much on paper and some in the pocket, so quickly.

For those that continue holding and trading FONR, I wish the best but this is one issue that cost me greatly. I hold no one responcible for my investment in FONR. I pulled the trigger so I take the hit.

The best investments, trades I have made, more often than not are with companies that you can get a hold of and talk to key management and then get straight answers and that doesn't mean insider info, just no BS! Another lesson learned the hard way.

MK
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