Malcolm, Malcolm, Malcolm.
This thread was originally envisioned (I know its history, was here at its start) as a thread focussing on fundamental investing principles, stock analysis, etc.
You've been pushing Fonar on other boards now for so long it's become a running joke. Anybody who raises legitimate concerns about the company is demeaned, insulted, and shouted down, without any attention paid to the legitimate concerns.
As to potential investors in Fonar, if you don' t do your DD, you deserve what you get. If you do your DD, one thing you will look into is the nature of the stock, particularly the voting rights given to A and B stock. You will realize that the public stockholders have no effective control of the company, and that the founder has reserved virtually all the voting power exclusively to himself.
You will also find out many other things that make this company look like a mighty poor investment.
But you can find those out for yourself.
If you follow Malcolm and don't do your DD, well, you know what they say about people who are parted from their money.
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Price is a crazy and incalculable thing, while Value is an intrinsic and indestructible thing. G.K. Chesterton
