I’ve written about the genetic testing company 23 and Me (symbol ME) on occasion. As I’ve stated in the past, when the company first appeared, I actually signed up for a test, since I stupidly thought they would provide all kinds of helpful information about, for instance, the likelihood of me getting various kinds of cancer.
Instead, the company was so scared of providing anything actionable, they stuck to really stupid stuff like – – and I’m not making this up – – how hard your earwax probably is. I’m not surprised this company is down about 98%, and I imagine they’ll declare bankruptcy within a year’s time.
