Fonar Venture (Fonr) - A Play On Mri's In Addition To Sitting Down

's Speculative Picks - 

• Fonar Corp; Ticker Symbol FONR

Fonar is a medical companionship inwards both the Physician management in addition to servicing manufacture every bit good every bit (and to a greater extent than so) the medical equipment industry. More specifically Fonar creates, develops, in addition to sells MRI equipment. Not simply whatsoever MRI equipment but cutting edge, innovative, in addition to amend performing MRI scanners such every bit their patented Upright MRI.

First of all so nosotros are all on the same degree an; MRI is Magnetic Resonance Imagery. Typically when i thinks of an MRI i thinks almost that big machine that the patient piece laying downwardly on a mechanical stretcher is tardily consumed past times a room broad monster of a machine which looks to a greater extent than similar an alien regeneration machine from about marvel comic writer's nightmare. It's scary looking, in addition to the fact that all the doctors in addition to technicians accept comprehend behind about kind of bullet proof drinking glass inwards a carve upwardly room for viewing the patient from a prophylactic distance does non assistance the situation.

Fonar has a novel in addition to innovative production in addition to solution they telephone phone it the Upright MRI.

What is the Upright MRI?

Well inwards a nut trounce it is a MRI that allows the patient to laid upwardly downwardly comfortably in addition to inwards the companionship of people piece getting an MRI. The patient tin fifty-fifty sentinel TV! Though these are the aspects that actually stood out to me the existent value is patch inwards the results in addition to lineament of results that the Upright MRI produces compared to the traditional MRI Machine.

Stock Specs in addition to Quote


cost per part $2.35

Share Statistics Average Volume (3 month)3: 96,921.2 Average Volume (10 day)3: 15,387.5 Shares Outstanding5: 5.29M Float: 5.16M % Held past times Insiders1: 2.51% % Held past times Institutions1: 7.20% Shares Short (as of 27-Oct-09)3: 66.05K Short Ratio (as of 27-Oct-09)3: 1.2 Short % of Float (as of 27-Oct-09)3: 1.30% Shares Short (prior month)3: 66.03K

Dividends & Splits Dividend Rate4: N/A Ex-Dividend Date4: 18-Mar-99 Last Split Factor (new per old)2: 1:25 Last Split Date3: 17-Apr-07

Why I Say Buy


I am non a fiscal adviser nor an proficient of anything medical. I am soundless a part holder (though rather small).

These guys direct maintain a production that is real expensive. These guys direct maintain a production that is amend performing in addition to much to a greater extent than patient friendly. These guys direct maintain a production that sells but on a real express footing due to cost in addition to marketplace position demand. If this production catches on in addition to becomes one-half a criterion so this stock volition permit you lot retire amongst fifty-fifty a little investment. It volition explode!

This is why I country buy. There is piddling downside when compared to the upside. Also the caput honcho in addition to inventor of the MRI in addition to the Upright MRI are all i in addition to the same. That's right, a gentlemen named Raymond V Damadian who every bit of late every bit 2007 was awarded the Inventor Of The Year Award, Raymond is the guy behind this in addition to from what I direct maintain seen so far he is absolutely dedicated in addition to on a mission to brand this matter live on in addition to to arrive at so nether the Fonar name.

Earlier inwards the yr he turned downwardly a five dollars per part offering in addition to this came at a fourth dimension when the stock was one-half or so of what it is today.

I am sold.


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