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Replies to #393 on Fusion-IO (FIO)

LeGoose

12/01/11 11:54 AM

#394 RE: a r #393

I saw that FormT trade also - the problem is you can't tell if it was buy driven or sell driven.

FormTs typically occur when a client places a large order with a Broker/MM (either a sell, a short, a buy or a cover).

The Broker/MM executes the order in parts throughout the day as to not dramatically move the price in either direction, and then prints the final aggregate transaction as a FormT after hours.

The broker will take a few percent fee off the cost basis for himself and then settle with the client.

So in this case, the client could have initiated a sell, and the broker sold all of the shares averaged higher than 33.49, or the client could have initiated a buy, and the broker bought all of the shares averaged lowered than 33.49.

This could have also been a short or cover, which would have yielded a similar Form T.



adeezl

12/02/11 10:30 AM

#399 RE: a r #393

Long-term perfect solution. Float way to thin and needs to be relative to the rest of the playing field here imo. Good times to come long, This company has brought me some nice jack I dig it. FIO is not going anywhere but up in the years to come. There are only a handful of SSD producers out there. I imagine a growing number of people using a growing number of computerized functions from here on out, unless we ditch electricity entirely. :P

We're the new kid on the block. Love it.

Last time insiders sold on 11/28 at 31.68 we hit $37 two days later.