Hi Dr. Fleckenstein:
Your suspicion about the 1200 echoes strongly with me also. There have been too many delays and excuses for too long. When Dr.D. talks about Fonar products, he always seems to put emphasis on the OR360 as the preferred product. You may be right that the 1200 may have problems, perhaps more serious ones than they are willing to admit.
The price of a stock always reveals the consensus of all the factors that enter into determining the value of the stock. It is no coincidence that the more so-called good news we get, the more the stock price keeps coming down. Why?. Do some well informed investors know something that we do not know?; are they more realistic than the members of this thread?. Whatever the reason, the stock is telling us something, and I do not think is good. Someday, when all those well informed investors have sold their stake in this company, then we will be told what really is ailing Fonar. The future of this company may well be bright,, but ,to me, for the near and intermediate term (3 to 9 months) the prospects for a stock price advance appear slight. These are, of course, my opinions based on what is currently known.
Now, I want to thank you for the numerous and extremely instructive technical reports that you so kindly post on this thread. I hope you find the time to keep posting them more often.
Regards,
Hugo |
