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


To: FRANK ROSSI who wrote (10645)8/2/1998 7:53:00 PM
From: Craig S. Owens  Read Replies (2) | Respond to of 19354
 
Frank, my thoughts are that showing a little profit will not push the stock to $4. It is possible IF the Toshiba settlement was a lump payout and was as significant as many believe, Fonar might show a profit for that quarter. The stock won't go to $4 unless new investors show interest and take it there.

I think you and I agree that the time to purchase a stock is before it gets mass acceptance from the street. The only difference we have is how long do you wait and when do you pull the sell trigger. As of yet, I haven't heard of anything that would make an analyst scream buy. Let's hope your big picture reveals itself soon.