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Fonar Corporation

Fonar Corporation (FONR)

14.9416
-0.2984
( -1.96% )
Updated: 11:34:04

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
14.9416
Bid
14.76
Ask
14.90
Volume
16,676
14.72 Day's Range 15.24
12.1301 52 Week Range 24.05
Market Cap
Previous Close
15.24
Open
15.24
Last Trade
99
@
14.8838
Last Trade Time
11:34:43
Financial Volume
$ 250,827
VWAP
15.0412
Average Volume (3m)
20,187
Shares Outstanding
7,024,391
Dividend Yield
-
PE Ratio
11.03
Earnings Per Share (EPS)
1.33
Revenue
98.65M
Net Profit
9.38M

About Fonar Corporation

Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injur... Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injuries. The company operates through two segments namely Manufacturing and servicing of medical equipment; and Management of diagnostic imaging centers, which generates a vast majority of the revenue. The company's areas of operations are principally in the United States. It also exports to the United Arab Emirates, England, and Germany. Show more

Sector
Electromedical Apparatus
Industry
Electromedical Apparatus
Website
Headquarters
Dover, Delaware, USA
Founded
1970
Fonar Corporation is listed in the Electromedical Apparatus sector of the NASDAQ with ticker FONR. The last closing price for Fonar was $15.24. Over the last year, Fonar shares have traded in a share price range of $ 12.1301 to $ 24.05.

Fonar currently has 7,024,391 shares outstanding. The market capitalization of Fonar is $103.40 million. Fonar has a price to earnings ratio (PE ratio) of 11.03.

FONR Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-1.9384-11.483412322316.8817.314.723826516.03445645CS
4-1.6484-9.93610608816.5917.7914.722249916.33769947CS
12-7.8884-34.552781427922.8323.4114.722018719.09774245CS
26-1.8084-10.796417910416.7524.0514.722110119.69083873CS
52-2.1384-12.519906323217.0824.0512.13011667918.23342826CS
156-3.6184-19.495689655218.5624.0512.13011931117.17027763CS
260-6.0584-28.84952380952126.49112490018.88841364CS

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FONR Discussion

View Posts
Louinjaxxx Louinjaxxx 3 years ago
When was the last time the company paid a dividend?
👍️0
starbuxsux starbuxsux 4 years ago
$FONR Shareholder Equity
Shares Outstanding 6.4 M
Institutional Ownership 49.97%
Number of Floating Shares 6.2 M
Short Interest as % of Float 0.17%
👍️0
whytestocks whytestocks 5 years ago
News: $FONR FONAR Announces Year-End Earnings For Fiscal 2019

Cash and cash equivalents and Short term investments increased by 48% to $29.0 million during the fiscal year ended June 30, 2019. Total Revenues-Net increased by 7% to $87.2 million for the fiscal year ended June 30, 2019, versus previous fiscal year. Income from Operations increased 1...

Got this from FONR - FONAR Announces Year-End Earnings For Fiscal 2019
👍️0
Sloanerb Sloanerb 6 years ago
Long term holder. What is going on? Just retracing to yearly high?, even better earnings?, buying another competitor?, or buyout?
👍️0
VictorMasonIsRight VictorMasonIsRight 6 years ago
And yet fails to trade above Thursday’s close ?
👍️0
VictorMasonIsRight VictorMasonIsRight 6 years ago
4X average volume up 8% in Thursday before Easter
?!?!
👍️0
The Great Leslie The Great Leslie 7 years ago
4th quarter estimates anyone?
I've followed FONR for ...28 years since I met Dr Carlton Hazelwood who worked with Dr Damadian. An amazing story
Finally bought this year !
The Great Leslie
👍️0
stocktrademan stocktrademan 8 years ago
FONR bullish 19.74

👍️0
stocktrademan stocktrademan 8 years ago
$FONR recent news/filings

bullish 17.78
shorts will cover when they realize it's not a double top

## source: finance.yahoo.com

Tue, 08 Dec 2015 18:17:40 GMT ~ FONAR CORP Financials


read full: http://finance.yahoo.com/q/is?s=fonr
*********************************************************

Tue, 10 Nov 2015 16:49:57 GMT ~ FONAR CORP Files SEC form 8-K, Results of Operations and Financial Condition


read full: http://biz.yahoo.com/e/151110/fonr8-k.html
*********************************************************

Mon, 09 Nov 2015 15:26:08 GMT ~ FONAR Announces Fiscal 2016 1st Quarter Financial Results

[at noodls] - MELVILLE, NEW YORK, November 9, 2015 - FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported its first quarter fiscal 2016 results for the quarter ended September 30, 2015. FONAR is the ...

read full: http://www.noodls.com/view/79409561196A52B5A7B59D278B20A18DDB3341D2
*********************************************************

Mon, 09 Nov 2015 11:24:07 GMT ~ FONAR CORP Files SEC form 10-Q, Quarterly Report


read full: http://biz.yahoo.com/e/151109/fonr10-q.html
*********************************************************

Mon, 09 Nov 2015 11:00:00 GMT ~ FONAR Announces Fiscal 2016 1st Quarter Financial Results

[Marketwired] - FONAR Corporation

read full: http://finance.yahoo.com/news/fonar-announces-fiscal-2016-1st-110000875.html
*********************************************************

$FONR charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$FONR company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/FONR/company-info
Ticker: $FONR
OTC Market Place: Not Available
CIK code: 0000355019
Company name: Fonar Corp.
Incorporated In: DE, USA

$FONR share structure

## source: otcmarkets.com

Market Value: $107,583,935 a/o Dec 11, 2015
Shares Outstanding: 6,050,840 a/o Sep 05, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.0001

$FONR extra dd links

Company name: Fonar Corp.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/FONR/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/FONR/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=FONR+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=FONR+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=FONR+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/news - http://finance.yahoo.com/q/h?s=FONR+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/FONR/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/FONR/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/FONR/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/FONR/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=FONR+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/FONR
DTCC (dtcc.com): http://search2.dtcc.com/?q=Fonar+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Fonar+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Fonar+Corp.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/FONR/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/FONR
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/FONR/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/FONR/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000355019&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/FONR/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/FONR/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=FONR&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=FONR
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=FONR+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=FONR+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=FONR
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=FONR
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=FONR+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/FONR/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=FONR+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/FONR.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=FONR
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/FONR/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/FONR/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/FONR
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/FONR
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/FONR:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=FONR
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=FONR



$FONR DD Notes ~ http://www.ddnotesmaker.com/FONR
👍️0
stoman23 stoman23 9 years ago
Silly IHub for sure. My broker was pounding the table for FONR at 10 and below. I'm glad I listened. He believes it's going much higher. We shall see.
👍️0
TrueTrades TrueTrades 9 years ago
Nobody posts to listed boards...Pity

Got in @ 12 here but nobody seems to GAS. Guess I'll just keep banking. Silly iHub
§FONR
👍️0
figaruch figaruch 9 years ago
bottom fishing time to load $10.00
👍️0
©PROPHETABLE ©PROPHETABLE 10 years ago
On watch...
👍️0
stocktrademan stocktrademan 10 years ago
$FONR recent news/filings

bullish

## source: finance.yahoo.com

Thu, 14 Aug 2014 17:17:11 GMT ~ Nasdaq stocks posting largest percentage increases


read full: http://finance.yahoo.com/news/nasdaq-stocks-posting-largest-percentage-230628770.html
*********************************************************

Tue, 24 Jun 2014 21:27:42 GMT ~ FONAR CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders


read full: http://biz.yahoo.com/e/140624/fonr8-k.html
*********************************************************

Fri, 23 May 2014 17:04:15 GMT ~ FONAR CORP Financials


read full: http://finance.yahoo.com/q/is?s=fonr
*********************************************************

Wed, 21 May 2014 11:00:00 GMT ~ FONAR UPRIGHT MRI Scan Leads to Successful Treatment for Former NFL Quarterback

[Marketwired] - FONAR Corporation , The Inventor of MR Scanning™, reported that after being diagnosed in November 2012 on the FONAR UPRIGHT® Multi-Position™ MRI , former NFL quarterback, Jim McMahon, who suffered from ...

read full: http://finance.yahoo.com/news/fonar-upright-mri-scan-leads-110000006.html
*********************************************************

Thu, 15 May 2014 21:31:42 GMT ~ FONAR CORP Files SEC form 8-K, Results of Operations and Financial Condition


read full: http://biz.yahoo.com/e/140515/fonr8-k.html
*********************************************************


$FONR charts

basic chart ## source: stockcharts.com



basic chart ## source: eoddata.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$FONR company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/FONR/company-info
Ticker: $FONR
OTC Market Place: Not Available
CIK code: 0000355019
Company name: Fonar Corp.
Incorporated In: DE, USA


$FONR share structure

## source: otcmarkets.com

Market Value: $85,074,059 a/o Aug 14, 2014
Shares Outstanding: 6,025,075 a/o Jan 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.0001
$FONR extra dd links

Company name: Fonar Corp.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/FONR/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/FONR/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=FONR+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=FONR+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=FONR+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/news - http://finance.yahoo.com/q/h?s=FONR+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/FONR/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/FONR/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/FONR/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/FONR/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/FONR/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=FONR+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/FONR
DTCC (dtcc.com): http://search2.dtcc.com/?q=Fonar+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Fonar+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Fonar+Corp.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/FONR/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/FONR
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/FONR/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/FONR/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000355019&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/FONR/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/FONR/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=FONR&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=FONR
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=FONR+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=FONR+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=FONR
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=FONR
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=FONR+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/FONR/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=FONR+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/FONR.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=FONR
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/FONR/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/FONR/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/FONR/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/FONR/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/FONR
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/FONR
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/FONR:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=FONR
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=FONR



$FONR DD Notes ~ http://www.ddnotesmaker.com/FONR
👍️0
value1008 value1008 10 years ago
FONAR UPRIGHT MRI Scan Leads to Successful Treatment for Former NFL Quarterback

Fonar Corp. (MM) (NASDAQ:FONR)

Today : Wednesday 21 May 2014

MELVILLE, NY--(Marketwired - May 21, 2014) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, reported that after being diagnosed in November 2012 on the FONAR UPRIGHT® Multi-Position™ MRI (aka STAND-UP MRI®), former NFL quarterback, Jim McMahon, who suffered from post concussion dementia, was able to receive appropriate treatment and that his symptoms have resolved.

Jim McMahon, the former NFL quarterback who guided the Chicago Bears to victory at the 1985 Superbowl, has benefited from having used the FONAR UPRIGHT® MRI scanner at FONAR's Melville corporate headquarters. Former Senior Vice President, David Terry, whose duties included managing the Company's Sports program, became aware of Jim McMahon's health concerns from prior football concussions, from the Sports Illustrated, September 2012, cover story on Jim. Jim had severe headaches, body pain and other debilitating symptoms. Mr. Terry thought that FONAR's new technology for making cinés of the cerebrospinal fluid (CSF) as it flows in and out of the brain when the patient is in the Upright position might be able to help Jim. Through a mutual friend, He contacted Jim and scheduled him for an UPRIGHT® CSF flow study at FONAR's Melville MRI facility. The FONAR UPRIGHT® CSF flow video demonstrated a significant obstruction of CSF flow and increased intracranial pressure secondary to prior football injuries to Jim's neck (cervical spine). Subsequently he was treated by Dr. Scott Rosa, of the Trauma Imaging Foundation, www.traumaimagingfoundation.com Dr. Rosa treated Jim with his patented IGAT (Image Guided Atlas Treatment) method. Jim gives much credit to Dr. Raymond Damadian, M.D., president and founder of FONAR, the FONAR UPRIGHT® Multi-Position™ MRI (Stand-Up® MRI) and Dr. Scott Rosa, for the wonderful elimination of his pain. His experiences are reported and found online by The Stamford Advocate (Jan. 17, 2014) and The Yankees Yes Network.

Dr. Damadian said, "FONAR's UPRIGHT® MRI technology has opened a new frontier in medical imaging. It is the power to make MRI motion pictures (cinés) of the cerebrospinal fluid (CSF) in the spinal canal as it flows into and out of the brain of the patient while the patient is Upright and weight-bearing. These ciné MRIs of flowing CSF as it enters and leaves the Upright brain uniquely visualize any obstructions of CSF flow that might exist and that might correlate with the patient's symptoms. This often leads to a better understanding of the problems with the cervical anatomy that might be contributing to the patient's symptoms. A CSF flow scan was among those done on Jim McMahon when he came to FONAR for his UPRIGHT® MRI scan in November, 2012."

"Jim McMahon suffered from Cranio-Cervical Syndrome (CCS), which was giving him his pain," said Dr. Damadian. "Jim's problems originated because of injury to his neck which caused the obstructions of cerebrospinal fluid (CSF) flow to his brain. We are stunned by these most recent medical insights we are gaining from FONAR's new technology for making live cines of the cerebrospinal fluid (CSF) as it flows in and out of the Upright brain. It opens a whole new dimension in our understanding of the body's brain and nervous system, the processes that regulate it, and the prospect of developing new therapies that might be able to address a significant number of current day neurological problems."

"We are delighted with FONAR's new Upright CSF technology and its power to contribute to Jim's medical progress," added Dr. Damadian. "Our shareholders can be thankful that it was the FONAR UPRIGHT® Multi-Position™ MRI that was most helpful in Jim's diagnosis which then led to successful treatment by Dr. Rosa of the Trauma Imaging Foundation."

Our understanding of the vulnerability of the human neck and its impact on cerebrospinal fluid (CSF) flow had its genesis in our UPRIGHT® MRI research in patients with multiple sclerosis and our discovery of obstructed CSF flow in these patients and a resulting leakage of antigen containing CSF into the surrounding brain parenchyma," said Dr. Damadian. "On September 20, 2011, I and co-author, FONAR scientist David Chu, PhD., published a paper titled "The Possible Role of Cranio-Cervical Trauma and Abnormal CSF Hydrodynamics in the Genesis of Multiple Sclerosis," in the journal Physiological Chemistry and Physics and Medical NMR (Sept. 20, 2011, 41: 1-17), found at http://www.fonar.com. With this new understanding of the role that cervical trauma plays in the etiology of disease, it is imperative to certify that the sustained neck or head injuries of professional athletes such as NFL football players like Jim McMahon, whiplash patients and others with severe neck trauma, have not resulted in any obstructions of CSF flow, which could eventually lead to the symptomatology we are calling the Cranio-Cervical Syndrome (CCS)."

Caption for Picture

Jim McMahon, former Chicago Bears quarterback (standing on left), speaks to an audience at Chelsea Piers, Stamford, CT on Thursday, January, 16, 2014; Dr. Raymond Damadian, president of FONAR Corporation and the inventor of the MRI (Magnetic Resonance Imaging) scanner (standing in center); and Dr. Scott Rosa a cranio-cervical specialist (sitting on right). They presented the new technology, done on the FONAR UPRIGHT® MRI, for visualizing the adequacy of CSF flow in patients with neurodegenerative disorders when they are in the UPRIGHT® position, and Dr. Rosa's technology for treating patients with impairments to their CSF flow.

The Link to the Stamford Advocate is:
http://www.stamfordadvocate.com/sports/article/Jim-McMahon-says-NFL-lawsuit-delay-a-blessing-and-5150813.php

The Link to the story featured in the Yankee Yes Network is:


About FONAR

FONAR (NASDAQ: FONR), Melville, NY, The Inventor of MR Scanning™, was incorporated in 1978, and is the first, oldest and most experienced MRI company in the industry. FONAR introduced the world's first commercial MRI in 1980, and went public in 1981. Since its inception, nearly 300 recumbent-OPEN MRIs and 157 UPRIGHT® Multi-Position™ MRI scanners have been installed worldwide. FONAR's stellar product is the UPRIGHT® MRI (also known as the Stand-Up® MRI), the only whole-body MRI that performs Position™ imaging (pMRI™) and scans patients in numerous weight-bearing positions, i.e. standing, sitting, in flexion and extension, as well as the conventional lie-down position. The FONAR UPRIGHT® MRI often sees the patient's problem that other scanners cannot because they are lie-down and "weightless" only scanners. The patient-friendly UPRIGHT® MRI has a near-zero claustrophobic rejection rate by patients. As a FONAR customer states, "If the patient is claustrophobic in this scanner, they'll be claustrophobic in my parking lot." Approximately 85% of patients are scanned sitting while they watch a 42" flat screen TV. FONAR is headquartered on Long Island, New York.

UPRIGHT® and STAND-UP® are registered trademarks and The Inventor of MR Scanning™, Full Range of Motion™, Multi-Position™, Upright Radiology™, The Proof is in the Picture™, True Flow™, pMRI™, Spondylography™, Dynamic™,Spondylometry™, CSP™, and Landscape™, are trademarks of FONAR Corporation.

This release may include forward-looking statements from the company that may or may not materialize. Additional information on factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.


Contact:
Daniel Culver
Director of Communications
E-mail: Email Contact
www.fonar.com

The Inventor of MR Scanning™
An ISO 9001 Company
Melville, New York 11747
Phone: (631) 694-2929
Fax: (631) 390-1709

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value1008 value1008 10 years ago
Why the EPS went down from last qtr to the recent qtr:

I spoke at some length on Friday with Daniel at FONR's Investor Communications. Among other things, he told me that the biggest reason FONR's EPS for the recent quarter came down from prior two quarters is the auditor taking out a large amount for provisional tax "reserves," the largest expense item on FONR's financial sheet for the quarter. Without that charge, which probably won't actually materialize at that big amount, the EPS would have been much higher.

Daniel said the company is definitely promising more growth this year simply by organically growing the number of scans, and perhaps selling more MRI machines now that credit has gotten better.
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CBeeson CBeeson 10 years ago
Agree, the small caps been hammered, while dow up. Scary to think wut gonna happen to small caps when dow goes down.

Still think its pretty solid earnings, imo... I was lucky to exit this morning pm with small profit, should have sold yest but was expecting a pop today that didnt happen so i exited asap. Might re enter when things settle down.
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value1008 value1008 10 years ago
EPS of 0.26; I know I was expecting around the same as last qtr, 0.33. It's still far better than last year's same qtr EPS of 0.17.

There were huge headwinds for FONR staging a rebound rally earlier this a.m. because Russell2000 smallcaps took it on the chin again today (proxy-etf IWM crashed down to its lowest level since early Feb.!!)

And that very small float for FONR grossly exaggerates the down moves (and gives juice to those upmoves).

The IWM (that is, smallcaps) should recover at some point soon-- this mass selloff of smallcaps in Feb. and again since March is just crazy, a chance for the bears to create a bear market somewhere while the S&P500 and Dow Indu. have recently reached all-time highs.

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CBeeson CBeeson 10 years ago
Did i miss the bad news? Earnings looked fine to me...
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figaruch figaruch 10 years ago
here we go again
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figaruch figaruch 10 years ago
Oh no Make that 45%
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figaruch figaruch 10 years ago
New entry Point imo good for 35%
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starbuxsux starbuxsux 10 years ago
wow!
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figaruch figaruch 10 years ago
Somebody put a million into this today, can u say alot higher
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figaruch figaruch 10 years ago
Nice move that,have a feeling theybought a few more mri offices
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figaruch figaruch 10 years ago
Thks hope u got that short from 25 and are able to ride it up again,this is a money machine good luck bux.should be a good year with our puppy,by the end of the year hopefully sitting where this one is ye$$$$$$$$$$$
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starbuxsux starbuxsux 10 years ago
Reminds me of LGF in 2013...congrats!
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figaruch figaruch 10 years ago

17 straight quarters
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SuperSquirrel SuperSquirrel 10 years ago
I hope you were able to make some coin on the small pullback with your short and then go long. This has been a real hot stock.
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figaruch figaruch 10 years ago
this puppy wants $30
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figaruch figaruch 10 years ago
h Fonar Corporation


Acacia Subsidiary Enters Into Agreement with Fonar Corporation

Business Wire

NEWPORT BEACH, Calif. -- December 31, 2013

Acacia Research Corporation (NASDAQ: ACTG) announced today that its Bolt MRI
Technologies LLC subsidiary has entered into an agreement with Fonar
Corporation. The agreement resolves litigation that was pending in the United
States District Court for the Eastern District of New York.

ABOUT ACACIA RESEARCH CORPORATION

Founded in 1993, Acacia Research Corporation (NASDAQ: ACTG) is the industry
leader in patent licensing. An intermediary in the patent marketplace, Acacia
partners with inventors and patent owners to unlock the financial value in
their patented inventions. Acacia bridges the gap between invention and
application, facilitating efficiency and delivering monetary rewards to the
patent owner.

For more information, visit: www.acaciaresearch.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

This news relea
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figaruch figaruch 10 years ago
broke a 52 week high today.Somebody knows something,could it be buying more mri offices? we will see.
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figaruch figaruch 10 years ago
welcome and good luck its just the beginning i beleive,holding since $2 and waiting for full appreciation
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Al4343 Al4343 10 years ago
Agreed, until the institutional guys get in and support this it appears there will be fluctuations. I think the product is there and I will be a player until this becomes fully appreciated.

Al
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MiamiGent MiamiGent 10 years ago
Pleased to read your FONR comments, AI. Your ihub longevity and judicious posting lend credence, further.
I came upon FONR late in the day, scanning to find an overnight play, at least. But as I dig, I'm seeing what you describe, a nifty little company. Particularly like how FONR successfully transitioned to MRI Centers ownership and management when device sales dried up in the just abating credit crunch.
Jumpy little bugger, too, lol.
MG
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Al4343 Al4343 10 years ago
I've been following this since the single digits ( I believe actually below $2!!). Quality products that took a LONG time to penetrate the big boys market. Seems to be on it's way now with excellent fundamentals...

Al
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MiamiGent MiamiGent 10 years ago
FONR Closed today +19.89% @ 21.21, 774K (3.9 x's 90 DAV)
http://acaciaresearch.com/wp-content/uploads/2013/12/123113-Fonar-Corp.pdf
Profitable company with news and a float under 6M
Got in for a trade

http://stockcharts.com/h-sc/ui?s=FONR

Evidencing a bullish "Symmetrical Continuation Triangle" chart pattern before the news

MG
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figaruch figaruch 10 years ago
surely not a greedy man and thinks this co. is worth much more,i agreehttp://zolmax.com/investing/insider-selling-fonar-chairman-unloads-3350-shares-of-stock-fonr/176701/
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figaruch figaruch 10 years ago
Mr. D needed some x mas money well deservedhttp://archive.fast-edgar.com/20131216/2JKZV222Z222O2Z2222L22ZZU4G9ZJT2575. Filed on: December 16, 2013.
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starbuxsux starbuxsux 10 years ago
Wow...bravo! Now it looks like a good short
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SuperSquirrel SuperSquirrel 11 years ago
Fonar's Fantastic Quarter

http://seekingalpha.com/article/1845642-fonars-fantastic-quarter?source=yahoo
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figaruch figaruch 11 years ago
Yes havent sold a share
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starbuxsux starbuxsux 11 years ago
Still in?
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figaruch figaruch 11 years ago
good plan thinking to take original investment out and see what happens hopefully at this point next year we will be in same position with ec-e
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starbuxsux starbuxsux 11 years ago
Truth be told to me it looks like it still has some room to run...although the RSI is way up there the candles are not crushing the upper bollie and only recently the 50ma crossed over the 200ma so if I were you I'd lift my stop loss closer to where we are now and try not to get out any lower than $12.00

Great Job!
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figaruch figaruch 11 years ago
thks wish you were to only problem now to decide how much to sell if any
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starbuxsux starbuxsux 11 years ago
I'm proud of you and wish I had been at the party...so many pickings out there lol
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figaruch figaruch 11 years ago
this was like holding a good penny runner
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figaruch figaruch 11 years ago
cant beleive there arent hidden holders here that dont want to celebrate this run
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figaruch figaruch 11 years ago
needs another dip and consolidate then move again
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