To ALL: I think we're headed into a steady climb, I know this PR Firm's 1st goal is to get
Fonar's story out to a NEW Investing public. Their goal is to get Fonar's stock up over
$5, submit Fonar's application to the National Nasdaq Market System , get listed
where Fonar can be PUMPED to Wall Street. They want to do this before the so
called Doldrum days, I think that is in July & August. I sort of think they believe they
will have something to tell the investing public in order to get this done.
Unless I miss-understand the rules, I understand that Brokerages cannot call clients up
and recommend stocks which are priced under $5, but they have Funds which can go
in and buy up a LOT of stock in order to accomplish a goal. Especially if they have
found what they believe to be POTENTIAL.
I know it is said that Profits drive the Market. I am of the opinion that a company's
stock price can be also driven to a CERTAIN PRICE by POTENTIAL PROFIT,
THEN SOLD to those who MUST see the company making STEADY Profits....
If our New Top 10 Wall Street "Consulting Financial PR Firm" can accomplish their
goal, then the move from $5 to the high price we all have thought possible would likely
be clicking along about this time next year.
I can sit VERY CONFORTIBLE on my FONR if they can get it up over $5 and
sustain that BID price because I know the SHORT RIDE to much higher prices start
at $5..
If this happens, It is MY OPINION that Fonar's stock will FOR SURE change hands
from $3.50 to $7. There will be VERY FEW who will not either just get out
"breakeven" or take their profits and move on. This is exactly what the Broker Houses
& NEW MONEY will want to happen, Buying stock at just over $5 in order to SELL
at MUCH higher prices...
I think Fonar has accomplished a LOT since THIS VERY WEEK in May of 1995. I
remember it VERY WELL, first bought FONR in 1994 @ $1.31, had bought and
sold FONR 3 times before May 1995...Then the GE & Hiticha trial began, Hiticha
settled on OPENING ARGUMENTS. I KNEW right then I had me a WINNER,
cause all I was looking for was a PROFIT and I had FONR @ something under $2,
FONR was Up to $2.50.
It was 10:00am on a Friday morning, I was busy with a customer. I didn't have a
computer, just a phone. A person who didn't even own Fonar stock but very
interested since I had preached to him earlier, just happened to call for a quote on
FONR. He called me and said "do YOU know what FONR is right now!!!!!!!!!!!???
Of course I didn't, he said $3.50!!!!! I quickly said thank YOU, Hung up on him, told
my customer he would just have to wait a minute. I called and threw a Market Order
on ALL my FONR @ $3.50. FONR was RUNNING SO fast I got $3.78 for it, hit
$4.50 and closed at $4.00... Later when I called the CHEAP Investor Hot-Line I
learned that Fonar had WON over GE. CHEAP Investor figured in the amount of the
award and said that FONR could open the coming Tuesday morning at as much as
$7....I was SICK........THEN when Tuesday came with FONR FELL LIKE A
ROCK because GE had put out a Dow Jones release siting turnover on another case
where Fonar had won and said they (GE) would prevail....Investors JUMPED OFF as
fast as they had jumped ON...
After FONR based out at $2.50 again, I was just foolish enough to believe Fonar
would win, Jury trials are not often over turned...
I traded FONR many times after that and should have just ONE MORE TIME this
past trip to $4.00
Things are VERY DIFFERENT NOW, I may miss a short profit or two but I am
AGAIN JUST FOOLISH ENOUGH to BELIEVE I HAVE A REAL
WINNER........
There is a song which say's " DO what you want to, DO what you will, BUT I CAME
HERE TO STAY(g)
I Hope each and every one of you have a SAFE & ENJOYABLE WEEKEND
Regards,
Malcolm |
