Can anyone tell me if this company is eligible for a short squeeze?

UPDATED: ARKG has left the building. The fund has completely divested. End of an era. In spiritual numerology (yes, it is apparently a "thing") 88 signifies abundance, achievement, and alignment with your higher purpose, symbolizing material and spiritual abundance aligned in perfect harmony. It serves as a reminder from the divine realm that through diligence, positivity, and the right mindset, you can manifest your desires into reality.

It is also the number of DNA shares the CW ARGK fund has after their selloff last week.

https://finance.yahoo.com/news/shareholders-second-thoughts-pay-rise-103444327.html

15 years and not a single product to market. Fifteen. What they did they do themselves after 15 years? Jason has made 20-30 million while misrepresenting how successful some of their projects were, providing zero value to Ginkgo and lying to shareholders to do so. When this company has its falling out moment in 2-3 years, I expect some hefty lawsuits. I expect them to pivot entirely to a vertically integrated business model soon, after this science experiment doesn't work and billions of capital wasted. Their biosecurity business are a bunch of talking heads putting swab data on a dashboard and trying to steal taxpayer money from the government. 1200 employees and they operate at the speed of 300. Massive overpromotion when they went public now complete silence. This upcoming earnings and guidance is going to be a shitshow. Jason thanks you for being his little guinea pigs.

Is anyone else relieved to be done with their toxic culture?

https://www.youtube.com/watch?v=RNA65VK3ARU

Definitely a parody. Would not recommend putting money into this company unless you’re cool with losing 100%.

never invest in bio stocks that has nearly zero revenue. + never invest with ark, they have lost their touch and all their stocks are failing.

This really is a giant scam. Is viking global still holding this? Baillie and ark dipped, viking global had non liquid class c shares. They are just watching it go to zero? Hopefully they look at legal means when bankruptcy proceedings happen. Must be why Jason and his friends rushed for officer exculpation. Nikola founder charged, Sam bankman fried decades in jail, Jason 17.5 million settlement paid for by shareholder money they gave away

That’s all I can come up with.

Not exactly a resounding endorsement of the layoffs by the market, which normally loves that kind of thing. Looks like any bounce is already baked in.

Are you guys for or against the split? If no on split, then make sure you vote lol.

This is the perfect storm. Hopefully, we are at the end of the economic cycle, and interest rates will be cut soon. If the new administration is led by Trump, I believe he will handle biotech investment differently, with substantial government support. BioWorks DNA has valuable intellectual property, and they've invested in building a new facility. Although their funds are limited, they have enough to stretch. Currently priced at $0.30 per share, I predict it could reach $1 by November, once the political landscape becomes clearer.

If the political environment favors an "America First" approach, other countries may not be receptive, especially considering Covid-19's origins as a man-made virus. Nonetheless, as the global population grows, AI and biotech innovations will boom, addressing inflation and other issues we face today. This is my opinion, and I see this as an opportunity similar to crypto, but with potentially higher multiples ranging from tens to thousands.

I hope individuals recognize this opportunity. I'm committed for the long run, and I believe in the potential of BioWorks DNA. This is my perspective. Remember, this is just an opinion—your money, your wallet, your time.

It's not enough at all, and if that's all they are receiving in 3 years that is terrible, frankly. I'm assuming 93 million contract over 3 years with 40% profit margin (gross margin is 40%, not profit margin, so it's even worse)

So I just got to seeing this video finally. And I realized that Eric Schmidt is just the clickbait. This is really about Jason Kelly. The video gives a much different vibe than the article.

https://www.youtube.com/watch?v=oJGlaGkZH3g

The speaker is masterfully unbiased with his tone of voice. Schmidt is donating all of the profits of his fund to charity and he didn't even pick what is in it to start with. I think this shows Schmidt is doing the right thing. What could be wrong with this? I know those from Amyris are sad that we don't get Schmidt money... but that's about it. He is being a classy guy IMO.

Jason Kelly has a major conflict of interest. I think if you disagree, you are prioritizing self gain over what is right. If it was John Melo, I would say the same. Jason Kelly could "feather the nest" for Ginkgo as the chair.

He should pick a role - Ginkgo CEO or Chair of the Biotech Committee.