More than 4 million of iRobot's 24 million shares are sold short. BUYINS.NET put iRobot on its failure to deliver list yesterday. That's a whole lot of kindling if iRobot gets in the next few months:
1) The $286 million xBot contract. (Army is so S-L-O-W!)
2) The $200 million PackBot service contract.
3) SUGV contract.
4) Significant customer growth because of Roomba, Scooba, maybe even Looj adoption.
5) Warrior contract.
6) Announcement of significant new home robots next year.
Downside I see is manufacturing risk -- product has sold out at several stores -- Iraq funding issues -- and the possibility of new competitors emerging. I currently discount all three and like $17 as a buy. iRobot is about to have its most profitable quarter ever as a public company.
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