Dec. 4 at 10:05 PM
$ENVX with no dilution fear + being in a small cap bull market, we could see a very nice run if they drop strong news. It could quickly shoot to a 52 week high. Just look what other stocks are doing. The valuation floor is rising for small caps
This is not an expensive valuation for the stage they are in + cash position… there are many small caps that are
$5++ billion now and still YEARS from revs
Enovix at
$2B is not expensive. With such a large cash pile they could take a successful company public and be worth more than this.
I would be very surprised if they’re not working HARD on something BIG that no one is even considering. They didn’t need this cash (for years) when they raised it… and they told us that they’re negotiating with companies that already have meaningful revs… and no doubt many companies would like to go public in THIS market. Especially with a company that has lots of excess cash + experience
https://youtu.be/ChZvyZto4PY?si=gttm8HJ8ni_9cmko
