10x got slaughtered, so are many speculative stocks.
Too much too soon.
iRobot (IRBT) Stock Rallies on Big Earnings Beat, Revenues Up 24%
Closing price is lower than my average purchase price, now is green
Unfortunately holding only 700 shares.
Thatâs an acceleration of revenue growth. New products?
iRobot CEO Colin Angle noted that the company enjoyed growth in all major regions, with sales up 15% in the U.S.; 51% in Europe, the Middle East, and Africa; and 31% in Japan. In particular, the Roomba vacuum line enjoyed stellar sales in both the U.S. and abroad as a featured product during Amazonâs Prime Day sale, and thanks to the Motherâs Day and Fatherâs Day holidays during the quarter. Sales of floor-mopping robot Braava also climbed 50% year over year this quarter, driven by international demand.
Vacuum bot is commodity already. Xiaomi is selling one and tons of more obscure Chinese brands.
Branding You use J&J and P&G products even though white brand is 50% cheaper, right?
Prime Day was July, 16th which is AFTER their quarter end. I guess that means the current quarter is off to a strong start?
I donât buy J&J or other name brands if they are more expensive. In house brands like Walmart, Walgreens and amazon are just fine.
If iRobot had much branding power their results wouldnât have been influenced that much simply because amazon featured them on one day. Customers would have actively seeked them out.
Pretty large drop.
I guess FB has more influence than AMZN did. Thereâs no other news to drive the drop.
Ntnx is down the toiletâŚ
Not if your average price is $39.19.
More large drops.
Drop below my avg purchase price: SPLK, VEEV
Still above purchase price: SHOP, IRBT
Didnât own: NTNX, UBNT
Shop reports tomorrow.
Also, AAPL and IQ.
Disastrous
The reaction was bad, but 62% revenue growth is pretty impressive. The bottom range of guidance was at the analyst average. I guess people wanted them to guide up more.
Getting seasick. green red green red green!
Rise above purchase price: SPLK, VEEV, IRBT
Still below purchase price: SHOP
Didnât own: NTNX, UBNT
tomato,
Vomiting from the volatile SQ boat yet?
I got out of sq near previous peak into earnings.
Still couldnt recover from iq and nflx and fb.