iRobot (NASDAQ: IRBT) shareholders have been on a wild ride this past year. The stock began the year in the high $50s and proceded to almost double, topping at $109 in July after Q2 earnings trounced estimates. Since then, the stock has experienced huge big gyrations in both directions as both bulls and bears pushed their case regarding the future of the stock. As the year is coming to a close, the bears seem to be having their way as the stock is currently sitting at $66 per share, not far from where it started the year.
As I see it, there are three basic reasons why the swings have been unusually pronounced.
