Ginkgo Bioworks Holdings Inc (DNA) News

DNA under $10

DNA, 10 day hourly

cheap

DNA under $10

DNA 10 day hourly post reverse split

Cascade (Gates) top holder

DNA new. 52 w eek low

DNA new 52/week low

DNA new 52 week low

DNA new 52 week low

even after 1:40 R/S DNA still has too many shares outstanding and corporate insiders have poorly mismanaged the company.
Ginkgo Bioworks needs complete restructure and less corporate greed. Some of their founders sell shares daily as they where gifted too many.
I stopped buying long ago and waiting to see if management can get their act together - they all deserve a pay cut!

DNA new 52 low

Interesting stock bought a few for tracking
To see what the crawdads do

poor management as they falsely pumped this stock now passing R/S effective Aug. 20
They also know they committed fraud and had to pass = 2. Officer Exculpation Proposal

Item 2 was to approve Article VIII of the Company’s Amended and Restated Certificate of Incorporation to permit officer exculpation (the “Officer Exculpation Proposal”), designated to be voted upon by the holders of Class A common stock and Class B common stock, voting together as a single class. The results of the vote were as follows:

exculpation
noun
a defense of some offensive behavior or some failure to keep a promise etc.
his transparent self-justification was unacceptable
the act of freeing from guilt or blame

bio scam….

https://www.prnewswire.com/news-releases/ginkgo-bioworks-to-hold-special-meeting-of-shareholders-302210173.html

Sometimes I wonder if big names get kickbacks in exchange for their names being used??

Cathy led her sheep 🐑 to slaughter!! Worst performing IPO I've ever seen!!

😂😂😂😂😂😂😂

ARK dumped all holdings. I am out. Cut my losses.

It will reverse split because there is no choice

Average down or cut losses?

DNA new 52 week low

Timber!!

Bought a few

R/S will be announced without warning!! Proceed with caution!!

Yes, new low and very unhappy with DNA management. They were too slow to start restructuring and they still have one of the founders selling stock daily - what does he know?

DNA new 52 week low

I appreciate the response and opinion. I would like to think we would get a small bounce upward from here before a possible RS....

Got in low...
Bounce ready.

I feel we are close to bottom possible around.50 as lots of shorts took this down fast. We know DNA is in restructuring mode, which they should have done a long time ago. We still have one of their founders selling shares daily which should be in their ethic guidance as he most likely has inside info on R/S soon.

Long term I am positive but unhappy with management.

Is this the bottom?

Acknowledge Me!! Lol 😂

Yep, yet another SPAC born public company that's in the toilet, I fore see a reverse announcement coming very soon, given they've received a listing standard Notice form the NYSE...

DNA new 52 week low

I'll take that as a no!! Lol 😂 The Cathy curse continues!!

Still happy??

Why DNA will keep going down is all the insider selling from page 43 of last finacials: Austin has been selling shares daily so it is founders driving the price below SEC requirements of min of $1.00
Ginkgo’s Founders currently own nearly 20% of the outstanding shares of Ginkgo, the vast majority of which are in Class B shares
? Class B shares are not freely tradable (must be converted to Class A) and are often not shown on automated data services
? As such, these aggregation services (such as Bloomberg or Yahoo) can be unhelpful in determining actual holdings of certain investors, including
our Founders, who may hold different classes of shares which may not be included

Founder sales through April 29, 2024 relative to total holdings(1)
Mandatory Sell-to-Cover(2) 10b5-1 plan
Shares sold
(in millions) % of holdings
Shares sold
(in millions) % of holdings
Jason (CEO) 12.3 11.3% 10.4 9.6%
Reshma (COO) 12.3 11.4% 1.9 1.8%
Barry (CTO) 12.3 11.2% 1.9 1.7%
Austin 12.3 11.3% 0.9 0.8

Hope you took profits!! They just wanted to burn the shorts!!

That's a lot of risk for 30%......Eventually you'll get snake eyes!!

Bought at .70….up 30%

Don't know if you noticed but Cathy has lost her MOJO and her investors a lot of money!! Proceed with caution ⚠!!

ARK bought 12 million shares on Friday

Ark is like the cattle whisperer!! Slaughter awaits!!

DNA new 52 week low

Aren’t you the smart one

I did not I keep buying

No, you buy
New 52 week lo

Buy

DNA new 52 lo

https://www.rand.org/pubs/articles/2024/artificial-intelligence-and-biotechnology-risks-and.html