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Founder of EquitiesResearch.com Tom Renna began his professional career on Wall Street 25 years ago after graduating Rutgers University. In 2005 Tom founded Equities Research LLC, a small boutique investment research firm where he provides market research analysis and consulting services to both... More
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  • High Risk, High Reward 0 comments
    Apr 16, 2012 12:13 PM | about stocks: FONR

    Originally posted this morning at www.equitiesresearch.com

    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.

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