iRobot Corporation (IRBT): Because the bulk of their income comes f...

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iRobot Corporation (IRBT)

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Re: Goku777 post# 151

Wednesday, 10/24/2012 9:54:13 AM

Wednesday, October 24, 2012 9:54:13 AM

Because the bulk of their income comes from defense and as the following article puts it, "Peace is breaking out". Sadly for the world, that will of course change, though happily for iRBT.

http://www.forbes.com/sites/ericsavitz/2012/10/23/irobot-shares-stumble-cuts-outlook-as-peace-breaks-out

No worries though, their problems are mostly of the one-time charge variety.
http://finance.yahoo.com/news/irobot-says-lose-money-4q-223233634.html

The nice thing about having $5/share in cash is that you don't have to sweat the tough times.

I receive NO compensation to post ANYTHING. I AM NOT short this stock.

"The world is a dangerous place, not because of those who do evil,but because of those who look on and do nothing". Albert
Einstein

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