Wednesday, February 8, 2012

Anticipating iRobot's 4Q'11 Results

iRobot (IRBT), our number one holding, reports quarterly results after the market closes today (02012.02.08). Yesterday IRBT closed at $36.86, $2.14 (or 5.8%) below its all-time high (and 52-week high) of $39.00. iRobot when public on 02005.11.09 at $29.51. IRBT ended 02011 at $29.95 and is up almost 23.5% YTD. IRBT reached its all-time of $39.00 on 02011.04.26. A few days ago I entered an good-till-cancel order to sell some IRBT at $42.

2 comments:

  1. iRobot reported solid 4Q'11 results, but 02012 guidance caused IRBT to fall 20+% in after-market trading. I refuse to sell any IRBT for less than $42 a share, so I guess we stuck being a long-term holder of IRBT shares.

    IRBT closed yesterday (02012.02.08) at $38.30. All-time high is $39. Right now, in pre-market trading, IRBT is down almost 22%.

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  2. Wow... IRBT closed today (02012.02.09) at $25.17, down 34.3% for the day. Volume was 7.16 million vs. a trailing-3-month avg. of 0.29 million (i.e. almost 25-time avg). IRBT has a float of ~25 million; therefore, ~28% of the float was traded on this huge down day.

    IRBT dropped to #2 in the GDT::Portfolio with GOOG (Google) taking over the #1 position. Our IRBT investment remains well above water, but today really hurt the overall health of the GDT::Portfolio.

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