Wednesday, March 28, 2012

iRobot Has an Interesting Three Month Chart

iRobot (IRBT) is still languishing after crashing on 02012.02.09 when it closed at $25.17 after a previous day close of $38.30. I thought the following chart was interesting.


I recently say a headline that read "iRobot is the next Apple." That would be nice, but I'm not going to hold my breath waiting for it to happen. At its current market value of $767 million, Apple Inc. could buy iRobot with petty cash.

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