Here we try to piece together who the promoters behind Enovix are and what can be gleaned about their pumping. Obviously, TJ Rodgers is promoting the Enovix story, but we explain in the report how Enovix was a way for him to engineer $150m+ of profit through the SPAC transaction.

But why are these other guys out there promoting the name? Well, there’s Marc Cohodes and Joey Reyes, who are very active on Twitter promoting the stock. Marc has referred to Joey as a neighbor in a Twitter Spaces, so we assume that one of these guys introduced the idea to the other one, and they both own shares and are therefore out there promoting it to profit from their holdings. At the end of the day, a lot of people own a lot of different stocks for a lot of different reasons. I’m not sure why anyone should care what these two folks have to say — much of what they’ve said about companies and prior stocks has turned out to be bogus, and their historical recommendations are full of failures (Marc Cohodes with AMC for instance, and Reyes with APPH).