Aug. 1 at 12:59 PM
$EOSE $ENVX another example of markets can constantly confound and surprise. Everyone was hyped up for the ENVX call because of the special dividend etc. Ends up EOSE had the better call and the stock recovered from a drop of 15% to end down 3.5%. I don’t expect that will happen with ENVX today. I’m just hoping for a drop not much lower than 12%. In any case this is all noise. The only thing that matters short term is whether the stock can stay above
$10.5 so that the warrant countdown does not reset.
EOSE has a large backlog and batteries out in the field and some definite orders. So at least at this moment in time, appears to be less risky especially after they reiterated year end sales of
$150-190m. ENVX is being widely sampled but there is still no large PO and no product one can point to that has ENVX inside
Plenty of risk still in both names. Neither companies are profitable and still burning cash.
