, Tracking Stock Market Picks
Enter Symbol:
Fusion-IO, Inc. (FIO) [hlAlert]

Sell FIO
up 103.91 %

FUSION-IO INC. (FIO) rated Sell with price target $16 by Auriga

Posted on: Wednesday,  Sep 7, 2011  8:25 AM ET by Auriga

Auriga rated Sell Fusion-IO, Inc. (NYSE: FIO) on 09/07/2011, when the stock price was $22.90. Since
then, Fusion-IO, Inc. has lost 50.96% as of 07/23/2014's recent price of $11.23.
If you would have followed this Auriga's recommendation on FIO, you would have gained 103.91% of your investment in 1050 days.

Fusion-io Inc (Fusion) is a provider of data-centric computing solutions: a combination of hardware and software that places data closer to processing. Fusion?s family of NAND flash-based ioMemory technologies offer a solution that scales to meet the needs of information technology (IT) administrators and partners and allows them to re-imagine how data centers can be architected. Fusion?s software solutions are built on the ioMemory Virtual Storage Layer (VSL), a flash-optimized operating system (OS) subsystem that allows ioMemory to interact with the central processing unit (CPU) and system memory as a tier of memory, and emulates a block-based storage device to applications. Its ioMemory is for data center applications. A single ioMemory module has the capacity of 100 memory modules, and the performance of 1,000 disk drives.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/7/2011 8:25 AM Sell
22.90 16.00
as of 12/30/2011
1 Week up  9.63 %
1 Month up  27.73 %
3 Months down  -27.36 %
1 YTD down  -5.67 %

(*) Stock Price at the time of the recommendation.
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