I don't get it either. I am a new investor to ITRI and am very confused. This MB doesn't have much activity but does anyone know why it's sinking. They beat and keep getting deals...meanwhile the rest of the loser gird stocks like COMV, ENOC, etc are all way up. Any long term INIR investors know why?
The "good news" is masking the fact their metering technology isn't that smart, or at least at the same level of Landis & Gyr and Echelon's. Echelon is approaching AMI as a component within a control network to the smart grid that controls street lights, commercial buildings, trains, houses, and devices within homes, all through the network utilizing smart meters and power line transceivers, and in many cases not wireless. As you venture away from the slow adopting U.S., that is the solution that is being utilized in much of Europe, that China and Brazil are currently close to going with as well as other parts of the world.