Savvy Trades and Investments

[maxluke1]

FONR - bought the falling knife. Sure, they suck at investor relations, but it's the cheapest price to tangible book it's been in forever. EV/EBITDA is something like 3. Even if they only do $20M EBITDA next fiscal year, it's still EV/EBITDA < 4. Reminds me of GENC last year. Apparently, they aren't using their buyback much considering the price action...still had over $7M outstanding on it as of 5 months ago (or they blew through it and now it's not in effect anymore).