iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,477 Blog Posts

America: How Did You Let This Happen?

I don’t understand the iRobot phenomenon. Which one of you assholes are buying these things? Rich people?

I’m rich and would never buy one. Let me guess, it’s one of those things that you never knew you wanted, until after you got it, right?

WRONG.

Roombas are for sloths, people unable or willing to take a mop to their floors. These are the very worst people in the country. How lazy can you be to not have the energy to vacuum a rug for 10 minutes? In a way, the iRobot customer list would be a perfect list of people to cull, in the event food was in short supply and we needed to exercise ‘active eugenics’ for the benefit of the country.

Profits and historical valuations are soaring. The latter is something you want to be mindful of — especially if you’re barreling into the stock now.


I hope you lose all of your money

Look at that price to sales ratio blowout. Bear in mind, that was before the 25% jump in the after-hours this evening, thanks to better than expected results.

Reports Q2 (Jun) earnings of $0.27 per share, $0.50 better than the Capital IQ Consensus of ($0.23); revenues rose 23.2% year/year to $183.14 mln vs the $174.65 mln Capital IQ Consensus.

Co issues upside guidance for FY17, sees EPS of $1.80-2.00 (Prior $1.45-1.70), excluding non-recurring items, vs. $1.65 two analyst estimate; sees FY17 revs of $815-825, excluding non-recurring items, vs. $789.51 mln Capital IQ Consensus Estimate.

Guidance including Robopolis acquisition was for revenue of $840-860 mln and EPS in the range of $1.35-1.70. Please see 16:28 comment for more details on the acquisition.

The decadence and absurd behavior by Americans never ceases to amaze me. You’re all a gluttonous set of people — very busy indeud — wolfing down expensive food and drink, just after posting a video loop of it onto your Instagram accounts of course. No meal worth eating can go unphotographed or unrecorded. After supper, the crew gathers together for a gauche selfie, documenting the occasion whence you came and spent inordinate sums of money on the liver of a young bird, neatly served over a plate of exotic grains and black truffles. In most settings, an elitist nightcap includes excessive ingestion of alcoholic beverages, a sundry of finger foods served tapas style (because anything foreign is exotic and simply better) and ample amounts of South American cocaine and/or marijuana — which are not perfectly legal in most well to do zip codes in the country.

All the while, your fucking cat is riding atop your Roomba, making sure the kitchen floor is divested of all cramps and dust.

Fuck off.

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22 comments

  1. bennyhill

    My Roomba is great, it wakes up at 4 AM and vacuums the first floor while we sleep upstairs. When you have little kids, they make a mess every single day, so even a weekly cleaning service isn’t enough and the Roomba fills the void.

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  2. The Alchemist

    i have one works, fine and doubles as arch nemisis to my cat. No one pays me to keep my home clean, why not have the robot do it while I work.

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    • Dr. Fly

      Because manual labor is good for the soul. Quit being a degenerate.

      STOP DRINKING FIZZ. STOP EATING CMG. STOP BUYING IRBT.

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  3. ironbird

    “Weekly cleaning service”. Get a fucking maid once a week or twice or whatever. Those “services” are for renters moving on. Save some money and they tend not to steal when everyone knows everyone’s name.

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  4. heaterman

    Better to hire an illegal and at least keep some ill gotten market gains in circulation.
    Benny is probably all in for illegal immigration. No?
    Put your money where your mouth is Ben.

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  5. 'merica

    Curious timing for this post. A few weeks ago, on my drive to work, some guy was on the radio talking about how fantastic his roomba was, almost life changing. He didn’t have to do a thing, his floors were always clean – not just clean but cleaner than ever before. The amount of dirt the roomba extracted from his filthy carpets was incredible. It was capable of self learning the layout of his heavily indebted home. The roomba even knew how to return to base to recharge its battery.

    The radio host pressed on with questions about the roomba. The guy inevitably cracked and started admitting that the roomba would get caught under various furniture, the bed, the couch, etc. and would run its stupid self out of energy. Then, the guy had to play hide and go seek with the roomba.

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  6. bushwacker2

    The lazy mans way to clean house. At some point you will all become blobs of fat as the robots will drive you around town, wash your clothes, cook your meals, and have sex with you.

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  7. NotGekko

    Mmmm, bird liver. Om nom nom nom.

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  8. thinair

    I own 3 of these to clean my 9 bedroom mansion. I would rather spend my time and energy at the gym repping out with 275 on the bench press or having sex with my wife’s younger sister.

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  9. RaginCajun

    You missing out, especially if you have animals. The roomba is the shit.

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  10. MSGT HARTMAN

    Roomba videos are populated with metrosexual douche catowners 100% of the time.

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    • bushwacker2

      This roomba trend is part of the wussification and weakness of the portly American lifestyle.

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  11. Cricket

    A number of very reliable, highly placed, anonymous sources have confirmed the widely circulated rumours that the portly Rep. Farenthold has a roomba and his Playboy Playmates, er Congressional Aides, love him for it.

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  12. moonshot

    I bought a Roomba long ago, back when they were only around $300. My wife said WTF. She would vacuum once a week and complain about all the cleaning she had to do, but thought the same as Fly, can’t you just vacuum for 10 minutes?

    Then she ran it the day AFTER vacuuming and it came back full of dirt and hair. The next day, more dirt. For a woman who wants her floors clean all the time and even complains that the maid doesn’t get the floors clean enough, she was a convert.

    For me at the time it was a gambit–I was still a young buck making my fortune and while we had hired maids they never lasted and so we’d go stretches before hiring the next. I wondered if the Roomba would tip the scales for not needing to hire the next maid for a while. It worked.

    The problem with Roombas is you have to fucking clean THEM. They spool up hair and rug threads and it seems like I spend 10 goddamn minutes getting it back to usable shape. Since my wife will never do the maintenance and I’m not there to know when it needs doing, it gets neglected and eventually the damn things break.

    Going back to it’s charging base? What a joke when you still have to empty the thing every time and clean the filter and take apart the roller and cut off all the spooled up hair.

    Still, I’ve bought several over the years, often at my wife’s request as the kid dirt and dog hair piles up on a daily basis, maid or no maid. I have a fucking Roomba graveyard in my attic now, always thinking some geek will want to buy my dead Roomba parts for his robot hacking project. One day they will rise up and kill me.

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    • hillbilly

      I reset my password and logged in for the first time in years here, just to give you a thumbs up.

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  13. dmfracer

    Roomba and Walmart grocery pickup (for the staples and such, we still go to HEB for the meats). These have changed our life the most for the best this year.

    The grocery pickup has cut our weekly bill from $3xx to $2xx simply because we now plan ahead more and don’t impulse buy. This is not good for $WMT

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