Ginkgo Bioworks Holdings Inc (DNA)

[wiredawg]

I'm guessing the recent/present dip is in regards to the lawsuits...thoughts? Buying the dip here?

Some details of said lawsuit: CASE DETAILS: According to the filed complaint: (1) the Company's failure to derive real revenue from third-party customers left it almost completely dependent on related parties; (2) as a result, most, if not all, of the Company's revenue came from related parties the Company created, funded, or controlled through its ownership and board seats; (3) the Company was misclassifying and underreporting related party revenue in order to conceal the Company's near total-dependence on related parties; (4) many of the Company's new R&D partners are undisclosed related parties and/or facades; (5) as a result, the Company's valuation was significant less than Defendants disclosed to investors; and (6) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Thoughts???