iRobot Corporation Message Board
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Bought an additional 33% of my total shares!
5% up! If it reaches $22, I buy more shares. Good luck to all longs.
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looking at the 5-day chart i dont see this going lower anytime soon. this stock is headed back to 30's and will hold between 27 and low 30's until next call when future direction will be revealed. expect a good announcement or 2 on new products and or contracts to prop it up until next earnings. good company, good management, cash on hand and no debt.............22.00 was struck on lower general market.........only my opinion of course........
- 1 Reply to runliftaction
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Well, this is what worries me a little. If next years earnings are going to be between .75 and .95 that means the P/E for next year will be well into the mid-thirties. This would meant IRBT is not truly undervalued at this moment in time. I do, however, think it makes for a compelling very long time hold of about 10 years or more. So I bought some shares and am sticking it in the corner of my portfolio to look at ten years from now :)
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Actually you're suppossed to average up.
- 1 Reply to livermore1929
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The valuation on this thing is quite silly. They've done nothing but grow and continue to since their iPo, more products, more cash, more revenues, more ebitda, more net income, more customers, but stock near iPo prices? Lol
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