written by reader SDGR in Freefall Yesterday

By bigeasy, March 6, 2021

Imagine my surprise when my limit order for $70 was executed for SDGR.
Any thoughts about the downside? I’m a new subscriber and the content and contributions are great. Thanks, Travis and friends.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Travis Johnson, Stock Gumshoe
March 6, 2021 10:23 am

In the short term, there’s almost no limit to the downside if sentiment for growth or biotech stories collapses in a real rout. The stock fell mostly because revenue guidance was wildly lower than analysts had expected, revenue is likely to grow unevenly over the next couple years, I expect, and the highest potential projects, the drugs they’re developing on their own, will take years to play out and consume a lot of the cash flow from the software business, so it could be a very bumpy ride.

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