Shallow Dive Into $ME via /r/wallstreetbets #stocks #wallstreetbets #investing

Shallow Dive Into $ME

We only post non-financial advice here, right?

My tiny pea brain picked up $ME in June, and it’s been my best performing asset since then at about +50%. Their IPO was in December 2020 @ $10, and they rode the retail craze up to $16 in February 2021. Now 18 months later, they’ve fallen 77% to $3.60, so I can get a whole bunch more with my paycheck today.

I have no idea what I’m talking about, but I bet they are one of the largest (if not THE largest) holders of genetic information on the planet. That will be useful when we’re trying to customize babies in a few years, right?

I also met my long lost sister via their product, so I’m biased.

Probably broke my neck with this dive.

Submitted August 05, 2022 at 08:28PM by semajessej
via reddit