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FIO Message Board

  • schrodingers_kitty schrodingers_kitty Oct 13, 2013 1:52 PM Flag

    upcoming earnings

    They didn't announce any warnings with the press release for the upcoming CC. At least we know they're on track with no major misses this quarter.

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    • really low volume today (on the overall market as well). no one wants to short going into mid-week debt deal.
      leads me to believe the timing for earnings next week will correlate nicely with a market run toward the highs.

      if earnings does not disappoint, and with a little help from guidance, fusion should be able to rise back to above 17 levels. resistance at 14, and 15 once broken would spur a very fast run up.

      15 will be the greatest resistance, but any positive outlook is going to start a huge short covering rally if the market is up overall.

      i won't sell shares if it hits 15 again. earliest sell point would be 17.50.

      if nothing happens, we're back to looking at 10-13 over and over again.

      i suspect if it were to go near 10 again, a sale would happen quickly.


      • 1 Reply to posyche
      • Hopefully something positive for a change. However it's hard to imagine, with a new management team, that the healing process has begun. Nothing wrong with being optimistic but FIO's track record certainly causes one to take pause.

        No pre-warning means squat to me. There's plenty of examples of road kill this year where company's didn't pre-warn and you know what hit the fan after the fact.

        Today, FIO has zero credibility with the marketplace. They don't need another hiccup!


        Sentiment: Hold