Fusion-IO (FIO)

[a r]

yeah, i am thinking i gotta start doing more shorter-duration trades with this until a more defined run starts.

some info on the shares sold by insiders:

Fusionio (FIO): Chairman, CEO & President David A. Flynn sold 879,853 Shares

Chairman, CEO & President of Fusionio (FIO) David A. Flynn sold 879,853 shares on 11/28/2011 at an average price of $31.68. Fusion-io, Inc. is engaged in the design, development and retail of storage memory platform that helps data decentralization. Fusionio has a market cap of $2.49 billion; its shares were traded at around $31.96 with and P/S ratio of 12.6.

Revenue was $74.4 million and net income was $7.2 million GAAP. This was announced in Fusionio fiscal first quarter 2012 financial results.

Chairman, CEO & President David A. Flynn sold 879,853 shares of FIO stock on 11/28/2011 at the average price of 31.68. CFO Dennis P Wolf sold 109,221 shares of FIO stock on 11/28/2011 at the average price of 31.68. The price of the stock has increased by 0.88% since. Chief Legal Officer Shawn J. Lindquist, 10% Owner Charles W Newhall III, 10% Owner C Richard Kramlich, 10% Owner Peter J Barris and 10% Owner Mark W Perry sold 5,249,681 shares of FIO stock on 11/28/2011.