Massive new retirement population will be demanding care by robotics. IRBT is just getting started.
You novices are always losing your hard earned money buying these Wall Street short stocks. Everyone on the street knows this dog is way over valued by any measure here.
Sentiment: Strong Sell
Great article yesterday on Mashable - "Roomba maker has plans to crown robots ruler of the smart home". One can find it easily by going to Mashable and entering iRobot in the search bar. More good things are coming soon from iRobot, and I am excited.
Sentiment: Strong Buy
Willem Mesdag‘s Red Mountain Capital as it initiated a stake in iRobot Corporation (NASDAQ:IRBT) by acquiring some 1.5 million shares representing 5.1% of the company’s outstanding common stock.
If IRobit builds a good Robot Lawn Mower I will be the first in line to buy one. It will be a bigger seller than Roombas.
Astronomers in Fight With FCC See Robotic Mowers Invading Their Space
Bloomberg By Todd Shields
10 hours ago
The timeless quest for the perfect lawn may be putting at risk efforts to unlock the secrets of the universe.
Scientists at the National Radio Astronomy Observatory have objected to a proposal by iRobot Corp. to sell lawnmowers guided by radio waves. The scientists say the machines may interfere with the ultra-sensitive radio telescopes they are using to scan the heavens.
“We’ll see the whole thing with our electronics,” said Harvey Liszt, spectrum manager for the observatory, which is funded by the National Science Foundation. “It’s a distortion.”
The observatory runs the Green Bank Telescope, set in a mountain bowl in West Virginia, where mobile phones are already banned, as well as facilities in Hawaii and the U.S. Virgin Islands. Together, they are mapping the structure of the Milky Way by capturing faint signals from light years away.
iRobot, better known for its self-guided Roomba vacuum cleaners and bomb-disposal equipment, has filed a request with the U.S. Federal Communications Commission to use airwaves for mowers to be guided wirelessly from beacons on stakes pounded into the lawn.
iRobot, based in Bedford, Massachusetts, says the astronomers’ concerns are overblown and has volunteered to take steps to make sure lawn care won’t interfere with space exploration.
Chances are “infinitesimal” that astronomical readings on telescopes would be fouled by signals from two-foot-tall guide stakes in lawns in far-flung suburbs, said Glen Weinstein, chief legal officer of iRobot.
In its filing with the FCC, iRobot says its grass cutters could “make this necessary chore easier” and even cut down on the 38,000 annual injuries inflicted by walk-behind mowers.
Total Cash Per Share (mrq): $7.49
I see absolutely nothing negative about this company for long term.
Sentiment: Strong Buy
Get real there are no real competitors, the other products, so far, are high priced junk. IRBT is way ahead in household, military, remote medical, remote business, so you don't know diddly squat and the IRBT CEO ....if compared to you... enough said.