FONAR CORP (NASDAQ:FONR), Down By 8.21% ($0.16) From $1.950 After BUYINS.NET Report Predicted Stock Would Go Down Due To Bearis
September 12, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, September 1st 2011 stating that FONAR CORP (NASDAQ:FONR) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=fonr&id=192163
At the time this story was written, FONAR CORP (NASDAQ:FONR) is Down By $0.16 (8.21%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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FONAR CORP (NASDAQ:FONR) - FONAR Corporation engages in the design, manufacture, sale, and service of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases. It provides Upright Multi-positional MRI scanners, which allow patients to be scanned in a weight-bearing condition, such as standing, sitting, or bending in any position that causes symptoms; and FONAR 360 MRI scanner, a diagnostic scanner. The company, through its wholly owned subsidiary, Health Management Corporation of America, also offers management services to imaging facilities, such as development, administration, and leasing of office space, facilities, and medical equipment; provision of supplies; staffing and supervision of non-medical personnel; legal services; accounting, billing, and collection; and the development and implementation of practice growth and marketing strategies. It serves private scanning centers and hospitals. As of June 30, 2010, the company managed 10 diagnostic imaging facilities located in the states of New York, Georgia, and Florida. FONAR Corporation was founded in 1978 and is based in Melville, New York.
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