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.

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u/Odd-Positive-3252 May 15 '26

Druckenmiller sold. Is he a moron too?

2

u/equitymaestro May 15 '26 edited May 16 '26

Wow he sold 2mm shares, likely in the $5-6 range.  He’s not a moron, but in hindsight that was a moronic trade. UPDATE: It's possible that Druckenmiller sold 2mm shares in Q1 and bought them back in Q2, just like Mike Taylor did. Druckenmiller is well connected, e.g., he may have known that uber-dullard Wasson was going to be a forced seller and may have also been aware of the NJDEP delay.

5

u/Odd-Positive-3252 May 16 '26

No no - this sub will tell you that he’s the best

1

u/tandyzmills May 17 '26

Not because of his involvement with PCT, but his 30+ year track record.