Yep, I’ve done it again. I dropped a whopping $103.20 (big spender, I know) on 40 shares of ABCL at $2.57 a pop. Why? Because who doesn’t love a bargain, right? After all, isn’t that how fortunes are made? Or at least how people justify weird impulse stock purchases?

Let’s dive into the brilliant reasons behind this investment:

1. Cheap, Cheap, Cheap

I’ve got a soft spot for “dirt cheap” stocks, and ABCL—aka AbCellera Biologics—fits that bill perfectly. I mean, $2.57 a share? This thing IPO’d at $60! That’s a 96% discount off its original price. Bargain bin shopping at its finest. I can’t pass up a price drop like that, even if it feels like buying an unwrapped candy bar from a clearance aisle.

2. Peter Thiel’s Got Skin in the Game

Here’s where it gets serious. Peter Thiel —the guy who lately struck gold with Palantir— has ABCL in his portfolio too. If it’s good enough for the man who Invented Paypal and turned a ton of Palantir stock into pure profit, surely it’s good enough for my humble $100 investment. I’m riding the coattails of Silicon Valley royalty here.

3. This Thing Has Cash to Burn

Despite its garage sale pricing, AbCellera is sitting on a cool $600 million in cash with a market cap of only $760 million. That’s like having almost as much cash as your entire company is worth. It’s priced like it’s about to fold up shop tomorrow, but last I checked, it’s not broke… yet. It’s a risky bet, but hey, I’m in this for the thrill, not the stability.

4. Priced for Disaster, but It’s Still Kicking

ABCL is trading like it’s about to collapse, but surprise—it’s not. Well, not at this exact moment anyway. Sure, there’s that lingering existential doubt, but I live for that. What’s investing if there isn’t a little danger involved, right? Plus, if it makes a miraculous turnaround, I’ll be bragging about how I got in at the price of a latte.

The Dream?

Here’s the plan: If ABCL doubles in price, I can sell 20 shares and recoup my entire $103 investment. The beauty? I’ll still have 20 shares left, completely free and clear, just sitting there waiting for the next wild ride. A free stock lottery ticket for life.

So, there it is—another masterpiece of high-risk, low-budget investing. Here’s to ABCL, to Peter Thiel’s billionaire wisdom, and to the slim possibility that this $100 will turn into the greatest gamble of my investing life.

Until the next adventure (or financial misstep).