I did look at it pretty hard. There's just not enough data yet, it IPO'd in Sept, and we only have one earnings report available since they went public. And you're right, the tide might take it up. It'll be volatile as their next report approaches, that's for sure. They haven't announced a date yet.
I didn't read their IPO filing, but one thing that's important to note, is March 19th, because I would imagine that's when their lock-up expires.
My opinion, it could go to the moon, but I would certainly not risk a large position in a retirement account at this point. They do have about $7.50/share in cash, that's always a good thing. $2B. But what are they going to do with it? If that's set aside for cash-burn and that figure drops substantially this Q, and they don't hit eps, they're gonna get hammered post-earnings.
Their revenue will be huge, but with a business model like this, WS is going to focus on how much of that drops to the bottom line. If they beat eps nicely without using too much of that $2B, that means the model works. Now... if they miss the top line... whoa... it will get smashed because it's still too new, and that'll really spook the whales.
