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


To: BlueCheap who wrote (10669)8/4/1998 7:11:00 PM
From: RWB  Read Replies (1) | Respond to of 19354
 
Malcoml how much longer are they going to wait till they do something note worthy to raise the price. Almost want to sell to buy more FNTN!!!!!!!!

RWB



To: BlueCheap who wrote (10669)8/4/1998 9:13:00 PM
From: luis a. garcia  Read Replies (1) | Respond to of 19354
 
be careful of the float...very large float 40+ million shares...
and the lord knows how many other preferred's warrants,options and additionally authorized shares are in this trade with you.
I think with the chart making new low's and all that overhead supply piled up it will not be easy to rocket this stock out of this mud.
I do understand the cash and new settlements i.e. more cash and new machines etc may just do it for you and that is why I am charting the stock. A large buy back of five or ten million shares would do wonders for this stock. If it could be structured such that it happens without
pushing the share price up(till afterwards)and the shares could be bought at these levels....
Wonder how? if possible?
Certainly earnings would look better on a smaller float and the rest of it would give this stock a very nice ride. But which is the most likely scenario in December???
regards
luis



To: BlueCheap who wrote (10669)8/6/1998 4:10:00 AM
From: Doug R  Read Replies (2) | Respond to of 19354
 
Malcolm, Dr. F, Patti, Dick and all you folks that have been FONRing around for way too long,

I haven't looked at this stock for quite some time. I just checked it out today on the off chance that I might see something positive. Well, it looks to me like this one's going to 1. I don't know what the current line is coming from management but since they made a move toward PPM and got involved with MIOA (which also just gave a technical sell signal), FONR has really broken down. It may have some trading opportunities going forward, as any other stock would, but as an investment...

Not long or short this one, just a passing observation,
Doug R