Tuesday, July 8, 2014

SNDK purchse FIO

My comments on :
http://seekingalpha.com/article/2304575-why-sandisks-acquisition-of-fusion-io-makes-sense

Good article and good for SNDK to acquire at a good bargain price. Surprised to see that there were no suitors for FIO as it looks promising...

SNDK at this price point of 100+ does not seem reasonable to me. The stock has already moved over 30% in the last 3-4 months. Time to wait and buy at dips. I am not a buyer of this stock here. It is time to take profits and park your money