RedditPP Mascot

RedditPP

r/wallstreetbets • … • u/DohJezuz

185k YOLO on $ENVX

Hey Gang,

I've done did a YOLO.

Last year, I was fully invested in GameStop, giving it my complete attention and resources. Unfortunately, I eventually sold at a significant loss. However, I managed to mitigate some of my losses by purchasing a put option on Bed Bath and Beyond. Unexpectedly, the tragic incident of their CEO taking his own life resulted in substantial financial gains for me, although not enough to offset my losses from GameStop.

Undeterred, I utilized the funds I had left and went all-in on Enovix $ENVX, investing heavily in both of my accounts. Regrettably, Enovix experienced a steep decline in its stock price, dropping from around $20 to approximately $7. Despite this setback, I persevered and made my final move when Enovix reached $9 per share, with an average purchase price of around $16.

Today, I am pleased to report that Enovix has shown signs of recovery, currently trading at $19.97. This rollercoaster journey has unfolded over the course of a year, and I have included a graphical representation of my account activity since then, as well as an overview of my current positions (100% ENVX, valued at $185,000).

​

![img](rlgte6wc79bb1)

This company makes denser batteries then your conventional cell phone, IoT batteries. They also are made with 100% silicone anodes and they do not use expensive graphite like other batteries. They don't overheat and they don't explode. They are currently scaling up to produce millions of batteries next year and just landed a purchase order from the US Army to make wearables for soldiers

That's right these batteries are military grade

Alright so let's see what happens wish me luck

— 0