Savvy Trades and Investments

[dmmm]

FONR well the idea is that the last Q didn't change much, unless you give them full credit for reducing SGA by 27% in one Q, saving over $1.3M. I don't understand how that's possible with accurate accounting. So basically the entire rally in FONR has been PE expansion, or change of sentiment.

I went back and their SGA does fluctuate quite a bit, but never this much. I wouldn't be surprised if SGA returns to normal and they report earnings in the $.30 range next Q. Then again the stock price has been detached from reality since about the $13s so who knows.