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Microcap & Penny Stocks : Fonar - Where is it going? -- Ignore unavailable to you. Want to Upgrade?


To: Robert C. Petersen who wrote (15133)8/27/1999 6:46:00 PM
From: Glenn Olsen  Read Replies (2) | Respond to of 19354
 
Robert
I am not a holder of Fonar. I visit the topic as someone who not only escaped a crash but made money. Had I sold after the GE initial verdict I would have made far more. I did however sell on the Feb. tick over 4 and smile often. Why I return is both the feeling of joy of someone who almost fell into quicksand and escaped and the obligation to be sure that others don't fall into the same pit. Until there is some major turn in the financials most of Fonar's PR news is just the Peanuts "Charlie Brown, trust me I won't move the ball" gibberish. I was offended when they brought back Sol. Sorry but there is no way someone "successful" returns to this company when they had the FDA approval on the 7000 in early 95 and sold virtually nothing. The "it takes time to build a company" group better look at the big players who don't give a CEO more than 2 years to right the ship. The "HMCA" is profitable line isn't covering the deferred payments and variable in accounting that are sinking the big players. This is the "MY FAIR LADY" time of don't tell me, show me. If I held of this company, I'd grab the current prices and run. There is obviously nothing there that the competition really wants.

Glenn



To: Robert C. Petersen who wrote (15133)8/27/1999 6:57:00 PM
From: BlueCheap  Read Replies (1) | Respond to of 19354
 
Bob The method you described here;
If you find yourself in a stock that is not acting according to your timetable or expectations .. sell the sucker and move on.
There are over ten thousand stocks to pick from. To revisit the scene of a stock you lost money is negative and bad trading
strategy ... when you make a mistake, dump it and don't spend time trying to find out why you were wrong or trying to convince others who are still invested that THEY are Wrong .... good luck to all ........
nysebob


THAT is exactly what I do and really wasn't something I learned, it just can natural for me as COMMON SENSE...

WebDrone knows I have NO News Letter and I make NO apologies for having a VERY HIGH Regard for Bill Mathews and His CHEAP Investor. I can also attest for the FACT that Bill HAS NEVER, Not ONCE disclosed what he was going to have on his Hot Line nor in his News Letter. Nor would I offend him by even asking. It is really kind of humorous of the assumptions of some. One can make any kind of accusation and Assume whatever they choose, I know the truth, which is all that matters.

No accusations against my person will change one thing about where Fonar stock is headed, THAT is what is so Troubling to a
certain few and it is not the stock AT ALL. If the stock went down it might help their agenda but I think I know what that agenda is ;)

Bottom Line for the small Investor is this: Where is Fonar NOW and where will Fonar be in 3 months, 6 months, a year, 5
years?
Bob, Isn't it ironic how my going from thread to thread with my positive opinion is such a concern for others who do virtually
the very same thing with their negative opinion. One HUGE difference, I HAVE MY CASH where MY Mouth is but I suppose some feel a urgency to patrol the Fonar boards so potential new investors will not invest and get burned. So Nice to know we have these good Samaritans. I wonder if they would investigate other stocks I am investing in and offer such a
valuable free service? ;) Naw, the Shadow Knows, Hummm HA Ha ha

With Respect Bob,
Malcolm



To: Robert C. Petersen who wrote (15133)8/28/1999 8:50:00 AM
From: Kenneth E. De Paul  Respond to of 19354
 
Is your philosophy today as a result of 1987 crash or has it been the same throughout your brokerage work experience?