Fusion-io (FIO -4.5%) is heading into the close with decent losses after Barclays launches...

Fusion-io (FIO -4.5%) is heading into the close with decent losses after Barclays launches coverage with an Equal Weight and $32 target. Shares fell earlier this week after Jim Cramer advised against buying. FQ1 results arrive on Wednesday.
Comments (3)
  • Viagra2800
    , contributor
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    Cramer advised not to buy for m&a 32 in my opinion is on the low side 38 would be a little in line with other analysis
    18 Oct 2012, 03:59 PM Reply Like
    , contributor
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    Jim Cramer advising against buying FIO only reconfirms my belief in the ultimate success of this company.
    18 Oct 2012, 06:14 PM Reply Like
  • airtogo
    , contributor
    Comments (10) | Send Message
    condorexp1 comments


    I agree with viagra2800. If your looking for a quick buck on a m&a this company is not for you.The company already turned down an offer of $31/share and with the company rocketing forward in sales, and many major companies already signed up, I doubt the price will stay down for long. Expect another good quarter when the company reports next week.
    19 Oct 2012, 09:46 AM Reply Like
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