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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (2208)	6/17/2013 2:49:16 PM
From: The Ox	Read Replies (1) of 8251

I did a little more poking around with FIO. The headlines are extremely negative, which is being seen in the stock chart. However, the fundamentals are now coming close to screaming this is an excellent acquisition candidate. Price to sale under 3 now. Company is supposed to grow at 20% this year and 30% next. Finally looks like they will get positive EPS in a quarter or 2. I see BRCD is also down the same % as FIO. If you look at most of the other stocks in the sector, FIO measures up very well, statistically, IMO. Unless there's more to the departure of the Co-Founders than meets the eye, I would say this is a very good long term buy.... However, the chart says just the opposite, unless it finds support right here at the 52 week low. A break below here and it's stays in the falling knife category, something we don't want to play with. As always, it's best to wait for the reversal in any situation like this. Let others be the heroes. We want winning trades, first and foremost!!!

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