Sep. 14 at 3:42 PM
$ENVX I feel like I'm lucky to have found this stock late in it's pre-revenue phase so I don't have the baggage of holding it under the prior CEO. The current CEO seems to have his chips together, using cutting edge microchip manufacturing technology to make far better batteries. Potential inflection to
$1B in revenue in the next 24 months (8 lines), with the first significant threshold in the next 7 weeks, possibly much sooner. I've watched every earnings report going back six quarters, the last four multiple times. I have nearly as much conviction in
$ENVX as I did when I loaded
$LUMN to 42% of my portfolio at
$1.66 in 2024 on its rebound after dropping under
$1, after a forced refinancing that extended it's cash runway by 4 years. I have more conviction than when I loaded
$EOSE to 20% of my portfolio at
$1.78 in fall 2024 right after they got financing from Cerberus. The
$500M $ENVX just raised means "we are truly moving into our commercialization phase"