So, on July 5, 2024, I made another one of those “brilliant” investment decisions, dropping $314.88 on exactly 115 shares of EVGO at a bargain price of $2.73809 per share. Why? Because it was priced like the company had already packed up, turned off the lights, and shut the doors—but, surprise! EVGO was still alive and kicking.
Here’s the (sort of) logic:
- Cheap, But Not Dead Buying EVGO at this price felt like picking up a garage sale item that’s almost too good to be true. The price suggested the company was flatlining, but nope—it’s still out there trying to electrify the world with EV charging stations. Alive might be a stretch, but it’s definitely got a pulse. At $2.73 a share, it was the stock market equivalent of rooting for the underdog.
- The Double-Up Dream Look, I’m not greedy. I’m just out here hoping for EVGO to do me a solid and double in price. Just hit $5.47, and I’ll sell half my shares to recover my $314 investment. The rest? That’s my free ride—just like the EVs they charge. If the stock somehow makes it, I’ll feel like an absolute genius. If not, well, I’ll have a great story about the time I took a flier on an “almost-dead” company.
- A Little Electricity Never Hurt With EVGO powering charging stations for the coming electric vehicle takeover, there’s still some potential spark here. Sure, it’s priced like no one believes in them anymore, but sometimes, betting on companies that everyone’s already forgotten about is where the fun begins, right?
So here I am, holding 115 shares and hoping for that doubling dream. It might just fizzle out, or it could be the start of my EV-fueled investing comeback. Either way, this $314 adventure is worth it for the suspense alone. Stay tuned for the next crazy chapter.
BUY, SELL, KEEP 
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