The key component to watch for during earnings are how far along is 23andme on the actual phase of the drugs. If everything is running smoothly then the stock will continue to climb. The current growth isn't on the tables until 23andme has a drug to market and that is where ME can bring in billions
K
Free cash does not affect market cap does it? If ME has a market cap of 1Bil and free cash of around 500 mil, that’s basically like saying the company is worth 500 mil isn’t it?
And a second question. If operating costs are around 171mil and they have 500 mil total cash why is this selling off so bad? There are no immediate risks for the company for at least 2 years. What am I missing?
D
I can honestly say that nothing they say on this next earnings will make it go up they will probably have us headed for 1 dollar after sheesh 😂
h
This stock can go up just as fast as it goes down.
j
One good thing going here.The insiders aren’t selling so they must have faith in this thing going up.
日
52 Week high was @ 13.68 in November. What did they do to destroy 82% of the value of ME in 6 months only without any significant news?
h
who would sell at these levels?
h
Another strong close would be awesome
D
Lol I like that people are still trying to be positive as we all go broke on this one 🤣🤣🤣
h
We need a nice power hour
h
We need a strong close for the day. near the high of the day would be great. Me needs to get out of this down trend and start moving back up to IPO price
Am steadily buying hundreds of shares every other week while I can at $3 - this is not a short term, but a long term investment investment for me after watching the company closely for over a decade. Good management, great vision, multiple revenue streams…
日
The price is about to go lower than its cash per share. I suppose it means the company has negative value?
h
The stock market is making it easy to average down. With any good news this stock will go 💥
h
This stock is so undervalued. The company as of right now could sell themselves for 10 billion dollars
h
The sky is falling run for the hills! I am adding more and holding long term. The company has zero debt
日
Go up 2 cents a day; drop 20 cents another day.
O
The past two years, the parking lot at 23 has been empty here in Sunnyvale.
日
Anne bought @$3.90 for 7 million dollars 2 weeks ago. The movement is very confusing.
And a second question. If operating costs are around 171mil and they have 500 mil total cash why is this selling off so bad? There are no immediate risks for the company for at least 2 years. What am I missing?