Perhaps it is a very good product, but the stock is way overpriced right now. They must have sold the punters a very good story in the Prospectus.
$110M loss on a first years financials for an IPO is gobsmackingly bad. Index funds arent going to touch it on those numbers, unless they are shorting it.
If you have faith in the product, then buy in when the price is more sensible is my personal opinion.
GLTAH, but cut your losses once you're down 3-5% on your investment. Dont be a bhaggie.
SDR Price at posting:
$3.50 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)