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On September 13, 2022, FONAR announcemed a stock repurchase plan of up to $9 million, the Company has repurchased $3,644,101 of undervalued FONR stock and continues to buy more. This is better than a dividend as shareholders don't have to pay any taxes on these repurchases.
FONR earning $1.59 per share for the most recent 12 months (and paying as much dividend as AMD). FONR is strongly free cash flow positive.
When was the last time the company paid a dividend?
$FONR Shareholder Equity
Shares Outstanding 6.4 M
Institutional Ownership 49.97%
Number of Floating Shares 6.2 M
Short Interest as % of Float 0.17%
News: $FONR FONAR Announces Year-End Earnings For Fiscal 2019
Cash and cash equivalents and Short term investments increased by 48% to $29.0 million during the fiscal year ended June 30, 2019. Total Revenues-Net increased by 7% to $87.2 million for the fiscal year ended June 30, 2019, versus previous fiscal year. Income from Operations increased 1...
Got this from FONR - FONAR Announces Year-End Earnings For Fiscal 2019
Long term holder. What is going on? Just retracing to yearly high?, even better earnings?, buying another competitor?, or buyout?
And yet fails to trade above Thursday’s close ?
4X average volume up 8% in Thursday before Easter
?!?!
4th quarter estimates anyone?
I've followed FONR for ...28 years since I met Dr Carlton Hazelwood who worked with Dr Damadian. An amazing story
Finally bought this year !
The Great Leslie
$FONR recent news/filings
bullish 17.78
shorts will cover when they realize it's not a double top
## source: finance.yahoo.com
Tue, 08 Dec 2015 18:17:40 GMT ~ FONAR CORP Financials
read full: http://finance.yahoo.com/q/is?s=fonr
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Tue, 10 Nov 2015 16:49:57 GMT ~ FONAR CORP Files SEC form 8-K, Results of Operations and Financial Condition
read full: http://biz.yahoo.com/e/151110/fonr8-k.html
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Mon, 09 Nov 2015 15:26:08 GMT ~ FONAR Announces Fiscal 2016 1st Quarter Financial Results
[at noodls] - MELVILLE, NEW YORK, November 9, 2015 - FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported its first quarter fiscal 2016 results for the quarter ended September 30, 2015. FONAR is the ...
read full: http://www.noodls.com/view/79409561196A52B5A7B59D278B20A18DDB3341D2
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Mon, 09 Nov 2015 11:24:07 GMT ~ FONAR CORP Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/151109/fonr10-q.html
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Mon, 09 Nov 2015 11:00:00 GMT ~ FONAR Announces Fiscal 2016 1st Quarter Financial Results
[Marketwired] - FONAR Corporation
read full: http://finance.yahoo.com/news/fonar-announces-fiscal-2016-1st-110000875.html
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$FONR charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$FONR company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/FONR/company-info
Ticker: $FONR
OTC Market Place: Not Available
CIK code: 0000355019
Company name: Fonar Corp.
Incorporated In: DE, USA
$FONR share structure
## source: otcmarkets.com
Market Value: $107,583,935 a/o Dec 11, 2015
Shares Outstanding: 6,050,840 a/o Sep 05, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.0001
$FONR extra dd links
Company name: Fonar Corp.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/FONR/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/FONR/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=FONR+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=FONR+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=FONR+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/news - http://finance.yahoo.com/q/h?s=FONR+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/FONR/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/FONR/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/FONR/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/FONR/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=FONR+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/FONR
DTCC (dtcc.com): http://search2.dtcc.com/?q=Fonar+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Fonar+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Fonar+Corp.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/FONR/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/FONR
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/FONR/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/FONR/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000355019&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/FONR/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/FONR/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=FONR&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=FONR
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=FONR+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=FONR+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=FONR
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=FONR
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=FONR+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/FONR/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=FONR+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/FONR.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=FONR
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/FONR/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/FONR/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/FONR
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/FONR
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/FONR:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=FONR
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=FONR
$FONR DD Notes ~ http://www.ddnotesmaker.com/FONR
Silly IHub for sure. My broker was pounding the table for FONR at 10 and below. I'm glad I listened. He believes it's going much higher. We shall see.
Nobody posts to listed boards...Pity
Got in @ 12 here but nobody seems to GAS. Guess I'll just keep banking. Silly iHub
§FONR
$FONR recent news/filings
bullish
## source: finance.yahoo.com
Thu, 14 Aug 2014 17:17:11 GMT ~ Nasdaq stocks posting largest percentage increases
read full: http://finance.yahoo.com/news/nasdaq-stocks-posting-largest-percentage-230628770.html
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Tue, 24 Jun 2014 21:27:42 GMT ~ FONAR CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
read full: http://biz.yahoo.com/e/140624/fonr8-k.html
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Fri, 23 May 2014 17:04:15 GMT ~ FONAR CORP Financials
read full: http://finance.yahoo.com/q/is?s=fonr
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Wed, 21 May 2014 11:00:00 GMT ~ FONAR UPRIGHT MRI Scan Leads to Successful Treatment for Former NFL Quarterback
[Marketwired] - FONAR Corporation , The Inventor of MR Scanning™, reported that after being diagnosed in November 2012 on the FONAR UPRIGHT® Multi-Position™ MRI , former NFL quarterback, Jim McMahon, who suffered from ...
read full: http://finance.yahoo.com/news/fonar-upright-mri-scan-leads-110000006.html
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Thu, 15 May 2014 21:31:42 GMT ~ FONAR CORP Files SEC form 8-K, Results of Operations and Financial Condition
read full: http://biz.yahoo.com/e/140515/fonr8-k.html
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$FONR charts
basic chart ## source: stockcharts.com
basic chart ## source: eoddata.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$FONR company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/FONR/company-info
Ticker: $FONR
OTC Market Place: Not Available
CIK code: 0000355019
Company name: Fonar Corp.
Incorporated In: DE, USA
$FONR share structure
## source: otcmarkets.com
Market Value: $85,074,059 a/o Aug 14, 2014
Shares Outstanding: 6,025,075 a/o Jan 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.0001
$FONR extra dd links
Company name: Fonar Corp.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/FONR/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/FONR/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=FONR+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=FONR+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=FONR+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/news - http://finance.yahoo.com/q/h?s=FONR+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/FONR/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/FONR/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/FONR/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/FONR/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=FONR+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/FONR
DTCC (dtcc.com): http://search2.dtcc.com/?q=Fonar+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Fonar+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Fonar+Corp.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/FONR/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/FONR
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/FONR/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/FONR/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000355019&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/FONR/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/FONR/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=FONR&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=FONR
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=FONR+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=FONR+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=FONR
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=FONR
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=FONR+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/FONR/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=FONR+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/FONR.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=FONR
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/FONR/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/FONR/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/FONR
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/FONR
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/FONR:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=FONR
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=FONR
$FONR DD Notes ~ http://www.ddnotesmaker.com/FONR
FONAR UPRIGHT MRI Scan Leads to Successful Treatment for Former NFL Quarterback
Fonar Corp. (MM) (NASDAQ:FONR)
Today : Wednesday 21 May 2014
MELVILLE, NY--(Marketwired - May 21, 2014) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, reported that after being diagnosed in November 2012 on the FONAR UPRIGHT® Multi-Position™ MRI (aka STAND-UP MRI®), former NFL quarterback, Jim McMahon, who suffered from post concussion dementia, was able to receive appropriate treatment and that his symptoms have resolved.
Jim McMahon, the former NFL quarterback who guided the Chicago Bears to victory at the 1985 Superbowl, has benefited from having used the FONAR UPRIGHT® MRI scanner at FONAR's Melville corporate headquarters. Former Senior Vice President, David Terry, whose duties included managing the Company's Sports program, became aware of Jim McMahon's health concerns from prior football concussions, from the Sports Illustrated, September 2012, cover story on Jim. Jim had severe headaches, body pain and other debilitating symptoms. Mr. Terry thought that FONAR's new technology for making cinés of the cerebrospinal fluid (CSF) as it flows in and out of the brain when the patient is in the Upright position might be able to help Jim. Through a mutual friend, He contacted Jim and scheduled him for an UPRIGHT® CSF flow study at FONAR's Melville MRI facility. The FONAR UPRIGHT® CSF flow video demonstrated a significant obstruction of CSF flow and increased intracranial pressure secondary to prior football injuries to Jim's neck (cervical spine). Subsequently he was treated by Dr. Scott Rosa, of the Trauma Imaging Foundation, www.traumaimagingfoundation.com Dr. Rosa treated Jim with his patented IGAT (Image Guided Atlas Treatment) method. Jim gives much credit to Dr. Raymond Damadian, M.D., president and founder of FONAR, the FONAR UPRIGHT® Multi-Position™ MRI (Stand-Up® MRI) and Dr. Scott Rosa, for the wonderful elimination of his pain. His experiences are reported and found online by The Stamford Advocate (Jan. 17, 2014) and The Yankees Yes Network.
Dr. Damadian said, "FONAR's UPRIGHT® MRI technology has opened a new frontier in medical imaging. It is the power to make MRI motion pictures (cinés) of the cerebrospinal fluid (CSF) in the spinal canal as it flows into and out of the brain of the patient while the patient is Upright and weight-bearing. These ciné MRIs of flowing CSF as it enters and leaves the Upright brain uniquely visualize any obstructions of CSF flow that might exist and that might correlate with the patient's symptoms. This often leads to a better understanding of the problems with the cervical anatomy that might be contributing to the patient's symptoms. A CSF flow scan was among those done on Jim McMahon when he came to FONAR for his UPRIGHT® MRI scan in November, 2012."
"Jim McMahon suffered from Cranio-Cervical Syndrome (CCS), which was giving him his pain," said Dr. Damadian. "Jim's problems originated because of injury to his neck which caused the obstructions of cerebrospinal fluid (CSF) flow to his brain. We are stunned by these most recent medical insights we are gaining from FONAR's new technology for making live cines of the cerebrospinal fluid (CSF) as it flows in and out of the Upright brain. It opens a whole new dimension in our understanding of the body's brain and nervous system, the processes that regulate it, and the prospect of developing new therapies that might be able to address a significant number of current day neurological problems."
"We are delighted with FONAR's new Upright CSF technology and its power to contribute to Jim's medical progress," added Dr. Damadian. "Our shareholders can be thankful that it was the FONAR UPRIGHT® Multi-Position™ MRI that was most helpful in Jim's diagnosis which then led to successful treatment by Dr. Rosa of the Trauma Imaging Foundation."
Our understanding of the vulnerability of the human neck and its impact on cerebrospinal fluid (CSF) flow had its genesis in our UPRIGHT® MRI research in patients with multiple sclerosis and our discovery of obstructed CSF flow in these patients and a resulting leakage of antigen containing CSF into the surrounding brain parenchyma," said Dr. Damadian. "On September 20, 2011, I and co-author, FONAR scientist David Chu, PhD., published a paper titled "The Possible Role of Cranio-Cervical Trauma and Abnormal CSF Hydrodynamics in the Genesis of Multiple Sclerosis," in the journal Physiological Chemistry and Physics and Medical NMR (Sept. 20, 2011, 41: 1-17), found at http://www.fonar.com. With this new understanding of the role that cervical trauma plays in the etiology of disease, it is imperative to certify that the sustained neck or head injuries of professional athletes such as NFL football players like Jim McMahon, whiplash patients and others with severe neck trauma, have not resulted in any obstructions of CSF flow, which could eventually lead to the symptomatology we are calling the Cranio-Cervical Syndrome (CCS)."
Caption for Picture
Jim McMahon, former Chicago Bears quarterback (standing on left), speaks to an audience at Chelsea Piers, Stamford, CT on Thursday, January, 16, 2014; Dr. Raymond Damadian, president of FONAR Corporation and the inventor of the MRI (Magnetic Resonance Imaging) scanner (standing in center); and Dr. Scott Rosa a cranio-cervical specialist (sitting on right). They presented the new technology, done on the FONAR UPRIGHT® MRI, for visualizing the adequacy of CSF flow in patients with neurodegenerative disorders when they are in the UPRIGHT® position, and Dr. Rosa's technology for treating patients with impairments to their CSF flow.
The Link to the Stamford Advocate is:
http://www.stamfordadvocate.com/sports/article/Jim-McMahon-says-NFL-lawsuit-delay-a-blessing-and-5150813.php
The Link to the story featured in the Yankee Yes Network is:
Why the EPS went down from last qtr to the recent qtr:
I spoke at some length on Friday with Daniel at FONR's Investor Communications. Among other things, he told me that the biggest reason FONR's EPS for the recent quarter came down from prior two quarters is the auditor taking out a large amount for provisional tax "reserves," the largest expense item on FONR's financial sheet for the quarter. Without that charge, which probably won't actually materialize at that big amount, the EPS would have been much higher.
Daniel said the company is definitely promising more growth this year simply by organically growing the number of scans, and perhaps selling more MRI machines now that credit has gotten better.
Agree, the small caps been hammered, while dow up. Scary to think wut gonna happen to small caps when dow goes down.
Still think its pretty solid earnings, imo... I was lucky to exit this morning pm with small profit, should have sold yest but was expecting a pop today that didnt happen so i exited asap. Might re enter when things settle down.
EPS of 0.26; I know I was expecting around the same as last qtr, 0.33. It's still far better than last year's same qtr EPS of 0.17.
There were huge headwinds for FONR staging a rebound rally earlier this a.m. because Russell2000 smallcaps took it on the chin again today (proxy-etf IWM crashed down to its lowest level since early Feb.!!)
And that very small float for FONR grossly exaggerates the down moves (and gives juice to those upmoves).
The IWM (that is, smallcaps) should recover at some point soon-- this mass selloff of smallcaps in Feb. and again since March is just crazy, a chance for the bears to create a bear market somewhere while the S&P500 and Dow Indu. have recently reached all-time highs.
Thks hope u got that short from 25 and are able to ride it up again,this is a money machine good luck bux.should be a good year with our puppy,by the end of the year hopefully sitting where this one is ye$$$$$$$$$$$
Reminds me of LGF in 2013...congrats!
I hope you were able to make some coin on the small pullback with your short and then go long. This has been a real hot stock.
h Fonar Corporation
Acacia Subsidiary Enters Into Agreement with Fonar Corporation
Business Wire
NEWPORT BEACH, Calif. -- December 31, 2013
Acacia Research Corporation (NASDAQ: ACTG) announced today that its Bolt MRI
Technologies LLC subsidiary has entered into an agreement with Fonar
Corporation. The agreement resolves litigation that was pending in the United
States District Court for the Eastern District of New York.
ABOUT ACACIA RESEARCH CORPORATION
Founded in 1993, Acacia Research Corporation (NASDAQ: ACTG) is the industry
leader in patent licensing. An intermediary in the patent marketplace, Acacia
partners with inventors and patent owners to unlock the financial value in
their patented inventions. Acacia bridges the gap between invention and
application, facilitating efficiency and delivering monetary rewards to the
patent owner.
For more information, visit: www.acaciaresearch.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
This news relea
broke a 52 week high today.Somebody knows something,could it be buying more mri offices? we will see.
welcome and good luck its just the beginning i beleive,holding since $2 and waiting for full appreciation
Agreed, until the institutional guys get in and support this it appears there will be fluctuations. I think the product is there and I will be a player until this becomes fully appreciated.
Al
Pleased to read your FONR comments, AI. Your ihub longevity and judicious posting lend credence, further.
I came upon FONR late in the day, scanning to find an overnight play, at least. But as I dig, I'm seeing what you describe, a nifty little company. Particularly like how FONR successfully transitioned to MRI Centers ownership and management when device sales dried up in the just abating credit crunch.
Jumpy little bugger, too, lol.
MG
I've been following this since the single digits ( I believe actually below $2!!). Quality products that took a LONG time to penetrate the big boys market. Seems to be on it's way now with excellent fundamentals...
Al
FONR Closed today +19.89% @ 21.21, 774K (3.9 x's 90 DAV)
http://acaciaresearch.com/wp-content/uploads/2013/12/123113-Fonar-Corp.pdf
Profitable company with news and a float under 6M
Got in for a trade
http://stockcharts.com/h-sc/ui?s=FONR
Evidencing a bullish "Symmetrical Continuation Triangle" chart pattern before the news
MG
surely not a greedy man and thinks this co. is worth much more,i agreehttp://zolmax.com/investing/insider-selling-fonar-chairman-unloads-3350-shares-of-stock-fonr/176701/
Mr. D needed some x mas money well deservedhttp://archive.fast-edgar.com/20131216/2JKZV222Z222O2Z2222L22ZZU4G9ZJT2575. Filed on: December 16, 2013.
Wow...bravo! Now it looks like a good short
good plan thinking to take original investment out and see what happens hopefully at this point next year we will be in same position with ec-e
Truth be told to me it looks like it still has some room to run...although the RSI is way up there the candles are not crushing the upper bollie and only recently the 50ma crossed over the 200ma so if I were you I'd lift my stop loss closer to where we are now and try not to get out any lower than $12.00
Great Job!
thks wish you were to only problem now to decide how much to sell if any
I'm proud of you and wish I had been at the party...so many pickings out there lol
this was like holding a good penny runner
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http://www.fonar.com/index.htm
FEATURED PRODUCT: THE UPRIGHT MULTI-POSITION MRI
CONTACT ADDRESS:
FONAR CORPORATION
110 Marcus Drive
Melville, NY 11747
Phone: 1-631-694-2929, FAX: 1-631-753-5150
FONAR CORPORATION | phone: 1-631-694-2929 fax: 1-631-753-5150 | info@fonar.com |
SALES (U.S.) | phone: 1-631-694-2929 fax: 1-631-390-7766 | sales@fonar.com |
SALES (Europe) | phone: +49 (221) 340-289-0 fax: +49 (221) 340-289-10 | info@tecserena.com www.tecserena.com |
CUSTOMER SERVICE | phone: 1-631-420-4000 fax: 1-631-694-2449 | |
INVESTOR RELATIONS | phone: 1-631-694-2929 fax: 1-631-390-1709 | Email Investor Relations |
HUMAN RESOURCES | phone: 1-631-694-2929 |
FONAR owns the patent on the only UPRIGHT MRI unit available in the world. The President of the company, RAYMOND V. DAMADIAN, owns the original patent on the MRI that is used for medical purposes today, and he received a medal, awarded by President George H. W. Bush for his invention which has revolutionized medicine.
Now, Dr. Damadian has reinvented his MRI with the invention of the UPRIGHT MRI, the only true "OPEN MRI" on the market. Other OPEN MRIs are really closed MRIs with a larger "hole" for the patient. However, the UPRIGHT MRI is completely open, and patients have nothing in front of them during their MRI examination. This is extremely beneficial to claustrophobic and larger patients, who cannot have standard (or even OPEN) MRI examinations.
What is ALSO of benefit is that the UPRIGHT MRI demonstrates more pathology than other MRIs in the field of evaluation spinal disc disease. Since many patients only have pain when they are in the UPRIGHT POSITION, this new MRI unit allows patients to be evaluated in ANY position - including the position where patients feel their pain the most. It doesn't make sense to evaluate the patient in the lying down position if that is the only position where they don't feel pain.
It has been proven that imaging patients in the UPRIGHT POSITION (also known as the "weight bearing position") demonstrates more pathology when it comes to the evaluation of the spine. Also, the multiple positions allow you to evaluate the spine when the patient is bending forward and backwards (known as FLEXION and EXTENSION) to determine if there is even MORE disc disease that has been missed.
Pictures of a 28- year old hockey player who experienced sudden quadraparesis ( = weakness in all 4 limbs). The initial MRI dmonstrates mild disease - but using flexion and extension imaging, it is seen that their is a herniated disc at C3-C4 which increases in size in extension. This is called FLUCTUATING DISC DISEASE AND FLUCTUATING SPINAL STENOSIS WHICH WORSENS IN THE EXTENDED POSITION. It is not possible to find this diagnosis on standard MRI!
Standard Supine UPRIGHT MRI
MRI
Here is a patient who has a herniated disc at L5-S1. It was totally missed on a standard MRI, which is done with the patient laying down (SUPINE). This second image demonstrates the obvious disc herniation - but it ONLY HERNIATIONS when the patient is upright! Without an upright MRI, this diagnosis will be missed.
RAYMOND DAMADIAN RECEIVED THE "INVENTOR OF THE YEAR AWARD FOR 2007" for his invention of the UPRIGHT MRI by the Intellectual Property Owners Assoc.
SHARE STRUCTURE (from 10Q dated 2-22-10):
Class Outstanding at January 31, 2010
COMMON STOCK 4,916,275
CLASS B COMMON STOCK 158
CLASS C COMMON STOCK 382,513
CLASS A PREFERRED STOCK 313,451
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