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[QUOTE]Originally posted by raybond: [QB] larsstorkehave • Jun 10, 2016 1:25 AM Flag 2 users liked this posts users disliked this posts 0 Reply . In my post several month ago I strongly adviced investors to buy heavily up in FONR at levels below $16. I increased my position. The earnings reports of Q2 and Q3 were better than expected and I kept buying at $16-17.3. I now hold more than 1% of FONR which was my limit but I'm still tempted to increase my position at the current levels. At $18.37 FONR trades at a PE of 8 and the company has growth potential and potential to improve earnings. FONR's data: EPS last 4 quarters of $2.32, almost no debts, an acquisition target, strategy of opening several new centers and next generation as CEO to prepare the company for a takeover or managing another 10-25 new centers. My target on FONR at an EPS of $2.32 is $28, but I'm not out of FONR at $28 because I expect an acquisition at $40-50 within 2 years. At $28 I might sell 50% of my position. At $33-35 another 25% and the last 25% at $40. At $40 FONR trade at a PE of 17.2. Less [/QB][/QUOTE]
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