former Wall Street trader/HF manager. I do not provide investment advise. Go woke and go broke!! no crypto unless you can rationally tell me how to value it.
@EliseStefanik
@Penn
100 percent correct. She needs to go and go fast!! Substitute any “group” for the word “Jew” and she would’ve been fired before the hearing was completed
@BillAckman
@Harvard
I couldn’t agree more with you. I think DEI is an epic disaster. Lose/lose for everyone. This ideology is seeping into these elite schools and will lead to subpar graduates that are needed to maintain our leading position in the world
@DrKarimWafa
Funny. They want to get rid of all the Muslims in France that commit endless crime. That’s how bad it has got. Don’t worry Europe is finally realizing the disaster they imported.
@BillAckman
Bill, I have the utmost respect for your efforts. Your words are so well spoken and your leadership has and will continue to make a difference. I cannot express how grateful I am for your brave stance on this issue.
@EllaTravelsLove
Woke and DEI. They are destroying us from within. Merit means nothing and gains for one group of people have to come at the expense of another group. DEI is the exact opposite of the American experience
$envx. In case you missed my tweet last week, Steve Cohen has acquired almost 5mm shares via options and common. He is an incredible catalyst driven trader. I’ve been waiting for a well known HF to find our little gem. 🚀 🚀 🚀
$envx. Great call. Love when Farhan said they wouldn’t issue equity at this price. Unit economics look great. We just need a bit of time to secure orders and the party starts. Amazing turnaround in regard to clarifying the path to success. Congrats to the longs
$envx. To say I’m disappointed or frustrated by the price performance is a huge understatement. This company is massively better positioned than the last time it hit 6.5. Having said that, I’m wondering why the market doesn’t see what I see. My preliminary conclusion is that
$envx. Isn’t it amazing that a bunch of new short tweets just happen to show up in the last week. Where were they 6 months ago? This feels like a coordinated short attack pre earnings. My money is that envx delivers. No way they have a grand opening if factory isn’t operational
$ENVX. looks to me like the next resistance is around $19.3. After that mid 21s. We break above and it’s lights out. 🙏 Happy 4th ENVX longs. Oh, if any of the savvy SHORTS are looking for some extra money, I do need some waiters for my party. See I do give back!
$envx
@rajtalluri
Given the companies amazing accomplishments regarding production I would’ve never thought the stock would be sitting in the low 9s. clearly the narrative needs to refocus until actual revenues are recognized. I think Raj needs to sharpen the narrative
$envx. Basic advice for all fintwit readers. Nobody knows the future, some have better and more informed opinions than others but in the end, what you are reading are opinions. I’ve been very right and very wrong in the past. I’m sure the same can be said for
@joceyreyes209
and
$envx
@joceyreyes209
@rajtalluri
I think the comments that Greg made are a very plausible explanation for what’s going on. I, nor anyone outside the company actually knows the truth but I do think there’s a communication problem with investors. I think this whole fiasco started
$envx. I continue to see minimum wage trolls spreading nonsense about enovix. Any account recently opened is a prime suspect for a bot or troll. I’ve been buying shares every day in the low 7s. The risk reward looks super compelling to me. We are in a quiet period but
$envx. Amazing job by the enovix team building the factory. All last year I heard from shorts that they couldn’t produce. Well they did and the best is to come. I have no idea the stock px short term but longer term much much higher. Happy 4th
$envx big THANK YOU to
@joceyreyes209
for his valuable insight and experience. Super appreciate that he is willing to share his opinions on X, good or bad. Thanks Greg
$envx. If you agree with my deep concerns about enovix’s IR department, tag
@rajtalluri
and email ir
@enovix
.com. I’m tired of 20-30 percent drops due to gross incompetence around commmunications. MAKE SOME NOISE
$envx. I’m definitely not a conspiracy kinda guy but it certainly seems something very strange happened with enovix this week. TJ mentioned a short attack and I’m starting to believe him. The volume from Thursday to Friday was very strange. Honestly, I couldn’t care less if
$envx. Kinda speechless seeing that short interest actually went up into this rally. Just more fuel for the fire. Pretty dangerous on their part going into earnings and 8/8. Maybe Raj drops a gem from his Asia trip
$envx
@rajtalluri
Raj, when u took the job at envx u should’ve realized that u couldnt sell stock until revs materialized. Your 10b filing cratered the stock as it can be interpreted as lack of confidence. TJ hasn’t sold a share. Wake up. I sold 2/3 of my stock after ur filing
$envx. Congrats to all the early longs that have been slugging it out with me for the past year. We are still early but the future is bright. My condolences to the shorts. You may not know it yet but you are done!!!! RIP
$envx. For newbies to $envx be aware there are 42mm shares short. Paid trolls like the example below are meant to trick you. Be aware of anyone with an account created in 2024. This guy below is a pure liar
$envx. Been a very frustrating few weeks with the market hitting all time highs and my biggest position sinking. The daily price action feels like algos and mkt makers are in full control. Opens up super strong and fades quickly. We are in a news vacuum and the volume is
$envx
@rajtalluri
Raj, I own/owned a decent slug of your stock. It’s time to get a professional in your investor relations department. You guys are great at building things. When it comes to communicating with investors there’s a serious issue. Hire a pro. This is basic stuff
$envx. Nothing new on the call imho except for a few more details. Amazing mkt took stock down when they’re moving from an expensive to cheaper manufacturing line and they’re saving 35mm a year. Makes sense. lol
$envx. The $23.90 from last year is acting like a magnet. When we get there is the only question. Enjoy the weekend longs. Shorts, save ur money this weekend - margin calls are incoming :)
$envx. Yesterday, I thought they'd push the stock down to flush out some retail. Based on today's price action, it looks to me like real money (institutional) investors have come back to the name. It's early innings but massive volume and literally no pullbacks.
$envx. If the short position is anywhere close to 40nm shares and we get some material news around customer orders… watch out, this is going to be an epic run higher. I’m actually thrilled the short position went up.
$envx. You wanna see what a short squeeze can do. Look at $gme. (I’m long calls from last week). And this company is a POS. IMHO $envx is super legit and we will likely see at some point an epic short squeeze. Also loan rate slowly creeping higher
$envx. On the call they mentioned ex2 price of $13-15. Higher than I thought. I’m almost certain they’ve spoken to multiple customers and by going out publicly, one can assume customers are ok with their pricing. Bullish!
$envx. Big day ahead. I’m looking for more info on customer engagements and yield guidance from the high speed line. I have literally zero concern regarding manufacturing or why else would they be opening the facility
$ENVX I’ve said this b4. Making $TSLA 10x like returns requires patience and some level of conviction. If you’ve done your homework it’s a lot easier to hold through these selloffs. Px moves on a variety of factors…nobody knows despite what some tweets say.
$ENVX. Shout out to
@joceyreyes209
He’s been steadfast in his belief that the share price was depressed due to a weak market. Guess what? He was right!! where are the haters now?
$envx. I’m not some raging bull but imo this the company is doing better than it has ever done. Last weeks ms conf and the pod were great. Makes no sense we are lower but it is what it
Is. I added another 10 percent here. We need customer orders to bring in the stable money.
$envx. They’re gonna try real hard to push this down under $10. Some of my lent shares were retuned Friday. My playbook is a slow grind to m12s followed by a rip to $15+. News flow will continue to get better. Staying long and strong!!!!
$envx. Im done with all this Don drama. Having said that, just a word of advice for the weak hands. Don’t let this drama play into the hands of the twitter shorts. They will try to confuse you that this plays into the narrative of pump and dump
and all the other bs they spew
$envx. I’m open to hearing the short thesis but when these guys call Raj and team frauds and bs artist I quickly stop reading. Raj may fail but he definitely is an accomplished executive
$ENVX. I love how direct TJ is and I have full faith in his integrity. What bugs me is 34mm short approx $650mm. These 4 clowns on twitter may be the voice but who the hell is short this in that size? Having said that, $tsla had massive shorts and we know how that story ended.
$envx slowly but surely the short thesis is getting destroyed. I still contend once a customer is named there will be an epic squeeze that we will all remember for many years to come. Great job by the team on the call. Some nice little tidbits esp unit pricing
$envx there will be a day when we get our Tesla moment. It’s all lining up IMO. Listen to the pod last night. A must listen. I really think they will execute on the line. Like most longs, I wish the stock would price in more of what I see. Unfortunately, I think it’s going to
$envx last tweet. Do the shorts really believe the Raj, AJay and all their recent hires left amazing jobs to join a company that can’t make a product has no customers and has a bs technology. Why would they be so stupid??? Ask yourself that question, they all had high paying
$envx. Now if
@rajtalluri
CANCELLED that ridiculous stock sale the stock would finally make a real 180!!! He can sell all he wants AFTER a PO is signed and revenues ramp
$ENVX. How refreshing is it to watch (not listen) to a conference call that is straight forward, informative and low on hyperbole. Plenty of other companies can learn a lot watching the last 2 ENVX calls. TJ’s invisible hand
$ENVX. Honestly, I have tremendous respect for intelligent shorts and they serve a valuable function in capital markets. When it comes to ENVX, I’ve never seen a bigger bunch of 🤡 in my life. If you sell based on these scammers maybe you shouldn’t be buying to begin with
$envx. Some rough number. End of 2026 4 lines. 75mm x 4 =300mm net margin as per company’s slide. 100mm fixed. =200mm editda. Use a conservative 25 multiple. 5bln mkt cap. Easily 30+ a shares. That’s about a 2.5-3% mkt share of smartphone mkt. biz has huge upside leverage
$envx. I’m expecting a lot of games tomorrow. Especially that the stock has a history of opening strong and getting whacked after 1030. Facts matter. Once the overhang clears it will be up
Up and away. I’m just don’t know when.