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Violin Memory +8.6%; director buys 10K shares

Mar. 20, 2015 1:42 PM ETViolin Memory, Inc. (VMEMQ) StockVMEMQBy: Eric Jhonsa, SA News Editor1 Comment
  • A week after chairman Richard Nottenburg, CEO Kevin DeNuccio, and three other Violin Memory (NYSE:VMEM) directors disclosed purchases, director Cheemin Bo-Linn (not one of last week's buyers) has disclosed she bought 10K shares on Tuesday at prices ranging from $3.56-$3.58.
  • Violin has recovered yesterday's big losses. 8.6M shares (over 10% of the float) were shorted as of Feb. 27.

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