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Overselling SanDisk and iRobot on a Bullish Day

Submitted by WSN_Staff on Thu, 07/23/2009 - 12:53.
in
theStockMasters.com

Both SanDisk (NASDAQ:SNDK) and iRobot Corp. (NASDAQ:IRBT) were thrown under the bus this morning after disappointing investors with Q2 earnings yet still managing to beat the Street and hold steady going forward in 2009.  iRobot shares got down to $11.01 before jumping back to $11.60 and SanDisk hit $16.21 before recovering to $16.66, so are traders expecting too much on such an upbeat day?  This may be an opportunity for what the Masters call -- IN-N-OUT INVESTING.

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SOURCE: http://thestockmasters.com/node/1558

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