that layoff news came out early, in regular hours, the stock actually spiked up when it hit the BB terminals... no its those two cats leaving for NFLX that sent it down in the after-hours.
He looks like a simpleton. > That 21 and me-- whooo. She is very tight I agree but the ethics here... They basically got all this spit DNA info for free and now want to develop stuff. I'm cool with that but do you have a ethical problem here? You should tell the poor soul they have a problem even if they don't want to know.. Then anxiety. and as I read it they fall back on having people self report their health issue which makes their data base not quite as smart. Wojcicki and her co-founders weren’t the first to think of building a database for this purpose, but using consumer DNA kits as an input soon gave her company a massive scalar advantage over pretty much everyone. (The only bigger known databases belong to Ancestry.com and the Chinese government.) 23andMe started selling its kits in 2007, pitching them mostly as a way to assess a smattering of health traits, such as a customer’s risk of colorectal cancer or likelihood of lactose intolerance, along with a rudimentary version of its ancestry analysis. Criticism soon followed. One article, published in the journal BMJ in 2008, argued that “rather than improving health, widespread genetic testing is likely to result in widespread anxiety.” On these sorts of grounds, the U.S. Food and Drug Administration forced the company to stop selling its tests without approval in 2013. Other critics questioned whether consumers could self-report their own health data accurately. 23andMe relies on customers to help its analysis along by flagging known health issues—
Van read this art- https://www.bloomberg.com/news/features/2021-11-04/23andme-to-use-dna-tests-to-make-cancer-drugs
It is what it is. Customers sign and put checkmarks next to things that they prefer not to be involved in when they send in their samples. Hey... if they discover I have some genetic problem that in the end will kill me that they can send to GSK or Merck to figure out why, and then prevent my kids or grand kids from dying of the same thing.... hell who's not gonna do that? It's the serial killers that have to worry lol. Their second cousin twice removed sends in a sample for the $39 coupon special to see if she has Brit royalty in her lineage... and the next thing you know cold case detectives in Idaho solve a 40 year old unsolved murder. Gramps does the perp walk. Don't you ever watch Forensic Files Stoney?
And you called my girl a horse. I told ya she was smart! First she’d sell tastemakers on her mail-in spit kits as a way to learn sort-of-interesting things about their DNA makeup, such as its likely ancestral origins and the chance it would lead to certain health conditions. Eventually she’d be able to lower prices enough to make the kits broadly accessible, allowing 23andMe to build a database big enough to identify new links between diseases and particular genes. Later, this research would fuel the creation of drugs the company could tailor to different genetic profiles. 23andMe would become a new kind of health-care business, sitting somewhere between a Big Pharma lab, a Big Tech company, and a trusted neighborhood doctor. It closed green today btw. 1 penny, but that's better than red in this market. The savant is sifting through the SPAC's.... finding the best. ME>>> $3.18 Don't bet the farm though... it could go lower. I doubt it though. But at $3.18, a few pennies down looks bad on an account statement reading "down 5%". Buy more.
Why isn't Crowdstrike up on their earnings? That doesn't fair well for the cyber-security stocks. Too easy of a trade? You know what I always say Stoney.... avoid that herd mindset. S may take a hit tomorrow. $27.69 (-.65%)