K: IRBTiRobot Scooba Named to TIME Magazine's Most Amazing Inventions of 2005 http://biz.yahoo.com/bw/051121/20051121005631.html?.v=1 Even with the time magazine thing, iRobot (IRBT) share price is falling... I looked everywhere and can't figure this out. Any theories?
¶ 9:04 AM
Comments:
IRBT has a high PE ratio - 386 - that could be one reason. Another point is that just beacuse it is good product does not mean that it is going to make money for them. People could be waiting to see how it is going to turn out befor they start buying the stock.
I dont know if you are tracking WMT - walmart. I heard they will be doing well this season.