I was going to throw some money at them, but the more I hear their leaders the less inclined I am from investing. They've been saying Ginkgo is the next Amazon, but where is the Jeff Bezos?
That sounds great in theory and will likely yield some interesting insights, but take it from this molecular biologist PHD with vast experience engineering DNA: DNA doesn’t read like sentences in human language. That is, it’s not linear. If in a DNA chain you read the sequence for a protein and then continue along and “read” the next one…that wouldn’t predict the third one coming and even if it did, it doesn’t mean anything because in DNA the order of proteins can be shuffled and you get the same functionality. NOT THE SAME AS IN A SENTENCE. For example, it’s not the same to say “I love you” than “You love I/me”…but if this were DNA, it would probably mean/do the same.
When a biotech/pharma company spends years and years saying they "will" "will" "will" but never shows, just run away of it. This company started as the "amazon" of protein design when amazon was booming, now diverting to the next buzz word: AI of...when chat gpt...
As a 5+ year investor am increasingly frustrated at the crap movement of this holding. I've thankfully bought my per share price down to a palatable value (still in the hole) but something POSITIVE needs to happen here. Am holding for now.
Google have been using 3rd party for innovation. I may be wrong but pharmaceutical exposure is "DNA". Quantum Computer exposure is "IONQ". Their Metaverse exposure is "Immersed". I don't remember exactly who invested in which, but almost every big player had been using smaller private companies.
10 to 3 to 0.75 to...? Are they able to manage their money so they dont go BK? tech by itself with no effective business model does not make a thriving business. Anyone doing a deep dive on revenue, profits, and sustanability of growth? $dna
I feel that lol, ive tried rolling my losses into Redwire because they are profit breakeven, growing revenue, and down 70% which is about what ive lost, much happier now
Funny I didnt even need to do more research to know what your were talking about, bros probably read a few articles and watched a wallstreetbets video on why the company is a scam (While the price was $12, mind you) @@mahirxia5752
2024-2008 = 16 years and nothing but loses - $5 billion so far!😂 Down to now only $800 million in cash left!😮 Their financial business model is not right because it depends on royalty in the future 8-10 year from now, in thei meantime they continue to spend $60 million each quarter!😮 Right now they try to reduce cost by laying off 125+ people and try to sublease 60% of their facilities that they are not using! The company plan is to have a breakeven in end of 2026. Officers continue to sell their shares at 32 cents😂
This is a horrible stock and company!! Jason Kelly makes me worried. He just seems to be all over the place, i also do not trust him after listening to him via his speeches and presentations, seems like a car salesman. No clarity on profitability, no guidance, no direction, no revenue on partnerships, executives and board seem lost. Do not buy this garbage stock…
Love this company! Watch it!
I was going to throw some money at them, but the more I hear their leaders the less inclined I am from investing. They've been saying Ginkgo is the next Amazon, but where is the Jeff Bezos?
The only way is up for this company and its future.
A brilliant strategic move
Ginkgo Bioworks is an exciting company. Keep an eye on it.
Also keep buying its on sell
Invitae is even better
why@@eric2394
have some lottery tickets, but dropping 60% every 6 months is exciting, but not the good kind. Who's buying more besides crashywoods?
That sounds great in theory and will likely yield some interesting insights, but take it from this molecular biologist PHD with vast experience engineering DNA:
DNA doesn’t read like sentences in human language. That is, it’s not linear. If in a DNA chain you read the sequence for a protein and then continue along and “read” the next one…that wouldn’t predict the third one coming and even if it did, it doesn’t mean anything because in DNA the order of proteins can be shuffled and you get the same functionality. NOT THE SAME AS IN A SENTENCE. For example, it’s not the same to say “I love you” than “You love I/me”…but if this were DNA, it would probably mean/do the same.
When a biotech/pharma company spends years and years saying they "will" "will" "will" but never shows, just run away of it.
This company started as the "amazon" of protein design when amazon was booming, now diverting to the next buzz word: AI of...when chat gpt...
Hello Ginkgo.
All of us who invested when this came out were simply crushed. Thanks Jason for offloading all your crappy shares on us 😡
This will be 1 of my BIGGEST investments 💰🥰🙋
Same 👍
One of my Biggest Holding 😎
Keep buying
Damn it's getting whipped up
@@mvpmickey1 RIP
Ginkgo is triple stinko…..Run
$DNA has a new employee called Google AI, just as Miami got Messi.
If so bad, why cathie Wood loading up more?
😀
As a 5+ year investor am increasingly frustrated at the crap movement of this holding. I've thankfully bought my per share price down to a palatable value (still in the hole) but something POSITIVE needs to happen here. Am holding for now.
Invitae will be bigger
oof
They went public at $13.51 with $6.6 billion in the cash!😂
One year to bankruptcy.
Dream talk in confidence.
The company file to register additional 16 millions to market and have a convert warranties at $11 a share.😊
Google is struggling with AI themselves. It’s a long shot to make these AI claims and other than riding the hype it’s not responsible.
Google have been using 3rd party for innovation.
I may be wrong but pharmaceutical exposure is "DNA". Quantum Computer exposure is "IONQ". Their Metaverse exposure is "Immersed".
I don't remember exactly who invested in which, but almost every big player had been using smaller private companies.
Speak DNA?
FAllen to 10% of IPO 10$/ Essentialy a SPAC turd. Now integrating that sweet AI narrative
10 to 3 to 0.75 to...? Are they able to manage their money so they dont go BK? tech by itself with no effective business model does not make a thriving business. Anyone doing a deep dive on revenue, profits, and sustanability of growth? $dna
Worst stock I ever bought!! I sold some really great stocks to buy this crap at around 10 bucks
I feel that lol, ive tried rolling my losses into Redwire because they are profit breakeven, growing revenue, and down 70% which is about what ive lost, much happier now
Why was it so bad?
Put $10k in now and in 5+ years you can buy a new house!
@@zelenajabuka8028 I don't think you understand, this is a revolution. We're looking at a 50 - 100x bubble.
@@ArchieBROwe are looking at, it getting delisted. They are committing fraud. Do further research before buying it.
Funny I didnt even need to do more research to know what your were talking about, bros probably read a few articles and watched a wallstreetbets video on why the company is a scam (While the price was $12, mind you) @@mahirxia5752
L
2024-2008 = 16 years and nothing but loses - $5 billion so far!😂 Down to now only $800 million in cash left!😮 Their financial business model is not right because it depends on royalty in the future 8-10 year from now, in thei meantime they continue to spend $60 million each quarter!😮 Right now they try to reduce cost by laying off 125+ people and try to sublease 60% of their facilities that they are not using! The company plan is to have a breakeven in end of 2026. Officers continue to sell their shares at 32 cents😂
This is a horrible stock and company!! Jason Kelly makes me worried. He just seems to be all over the place, i also do not trust him after listening to him via his speeches and presentations, seems like a car salesman. No clarity on profitability, no guidance, no direction, no revenue on partnerships, executives and board seem lost. Do not buy this garbage stock…
Thinking of investing at the low price. Why is Kathy Wood going all in.
he's a biologist not a sell side wall street analyst