Fonar Corp (FONR)

[value1008]

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.