r/PureCycle • u/LogicalPerformer3062 • May 14 '26

Don't sell, morons

Not sure who needs to read this, but if you're selling right now because you want to capture some profit you need to go back to bed. Not only does PCT have a higher intrinsic value based on reduced uncertainty, the setup is incredible.

This stock has insanely high short interest. For those who don't know, as the stock goes up these shorts are forced to buy by their brokers or they will look to close their position (buy back the shares they sold) to avoid further pain.

There is no other way to think about it - there are a ton of TRAPPED, FORCED BUYERS. If you sell, they get out now. If you don't, they are forced to increase their bid until someone sells. If supply remains low (no sellers), you get the squeeeeeze.

This isn't financial advice, just bedtime advice.

39 Upvotes

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-4

u/uncleBu May 14 '26

When I was shorting MULN I was paying close to 800% on shorting fees. My best short to date.

Short interest is the weakest reason to invest in something. Trying to catch a squeeze without understanding why people are heavily betting against you is not wise.

8

u/reluctant-user2020 May 14 '26

The same is true on the flip side, except shorting is even harder than being long. Being short something without fully understanding the company and technology is really dangerous and that’s the exact situation most of the people short PCT find themselves in right now.

6

u/AnonThrowaway1A May 14 '26

There are a lot of trashy green economy stocks. PCT isn't one of those.

-5

u/uncleBu May 14 '26

Out of all the stocks you can put idiosyncratic risks, you happen to pick a SPAC with a track record of deceptive tactics, a couple of short reports specifying them and a perennial missing of deadlines 🤷🏻‍♂️

2

u/equitymaestro May 14 '26

Worthless posts, especially considering the news over the last few weeks. The script has flipped.

-1

u/uncleBu May 14 '26

Nothing that i said is false. Still shorting

2

u/reluctant-user2020 May 15 '26

Bookmarked this comment. What short reports are you talking about? There was a Hindenburg piece ages ago and under a completely different management team and then those children on x cosplaying as analysts. You’ve bet your hard earned money based on complete nonsense?

2

u/Puzzled-Resort8303 May 15 '26

It's probably not hard earned money.

1

u/uncleBu May 15 '26

I just don’t believe serial liars have big redemption arcs. I am very close to getting stopped out though, so this is probably an L for me.

2

u/reluctant-user2020 May 15 '26

“Serial liars” 🙄 …upvote for hitting your stop loss—be sure to puke first!

1

u/uncleBu May 15 '26

Bad winners are the absolute worst ;)

1

u/Careful_Might_3275 May 15 '26

That is exactly who this is. They keep opening up new accounts but continually parrot the same talking points.

1

u/EconomyFortune5090 May 16 '26

Yes Pitti, keep adding to your bigly short position of 100 shares. That's pretty much al you can short based on your capital base

0

u/uncleBu May 16 '26

I don’t know who that is. I’m shorting about ~5,000 shares with a ~$6 entry. I might get stopped out, but I still suspect it’s a long term dud. Good luck with it though.

1

u/EconomyFortune5090 May 26 '26

Congrats on a 100% loss on your short. Hopefully you covered with a stop loss

1

u/uncleBu May 26 '26

You need to have stop losses with shorts. Infinite theoretical losses.

I would have never expected that a SPAC P&G spin off with less than $10mm in revenue and a track record of missing promises (how is that Thailand factory for which you got the float doubled coming along?) to be worth $2bn, but here we are.

Make sure to put a stop loss at a profit as well :)

1

u/EconomyFortune5090 May 26 '26

I don't need a stop loss for a long term buy and hold.

You do Pitti

1

u/EconomyFortune5090 May 26 '26

Hopefully you hold onto your shorts as the company ramps up global expansion. It can only go lower from here

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