Thomas Renna's  Instablog

Thomas Renna
Send Message
Since graduating Rutgers University (B.A.) in 1990, Tom has worked in the financial industry in various capacities. visit
My company:
Equities Research, LLC
  • High Risk, High Reward 0 comments
    Apr 16, 2012 12:13 PM | about stocks: FONR

    Originally posted this morning at

    The biggest winners in the history of the stock market are investments made in micro cap stocks that grow their business from $0 to $100 million. The great majority of businesses never achieve such success and investors for the most part lose their entire investment.

    Fonar Corporation (NASDAQ: FONR) has a long way to go before reaching $100 million in revenue and it's a very high risk that they will ever reach the sales milestone. The challenge isn't only to triple sales, but to attain the mark and be profitable at the same time.

    Based on Fonar's quarterly operational cash flow growth over the last 7 consecutive quarters the company is headed in the right direction.

    Fonar Corporation (NASDAQ: FONR) is trading at a 4 year high this morning @ $4.25. Stockdiagnostics upgraded FONR @ $2.00 on March 3,2011 after the company reported FY2011 2nd quarter financials for the period ending December 31,2010. Since the upgrade 13 months ago shares have appreciated 112%.
    click to FONR Stockdiagnostics OPS chart
    click to FONR Stockdiagnostics OPS 5yr chart

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: FONR
Back To Thomas Renna's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $TITN pre announced FY2016 Q4 earnings After the Close. Expect EPS -($1.31) to miss Estimates of -($0.10)
    Mar 17, 2016
  • $FIT warning sends stock lower. Did $UA Overpay w $560 million purchases of MyPalFitness and Endomondo
    Feb 23, 2016
  • Equities Research Warning $SSYS makes new 52 week low today
    Jan 11, 2016
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.