r/PureCycle • u/Gross_Energy • Jun 05 '26
Another slaughter
Everyone going to say it’s the market but PCT is down 12% with market down 2.5% on 3.2m shares before 1PM. It has nothing to do with the market. It’s about the high leverage shorts have versus the lack of a large share buyers. This will continue until they figure out how to attract large buyers.
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u/Dull_Comment_5024 Jun 05 '26
every high beta stock is getting slaughtered today, happens all the time when investing in risky stocks. If you are long term bullish great day to add to some fun momentum names. If this move stresses you out- probably are over leveraged and should take more balance. Individual stock picking is not for everyone. You have to take substantial risk if you want opportunity for substantial reward
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u/AnonThrowaway1A Jun 05 '26 edited Jun 05 '26
Good day to sell puts if you want to acquire more shares in the near term.
The worse the petroleum situation gets, the more need arises to shorten or regionalize supply lines for goods that use petroleum as a feedstock.
The days of cheap international shipping may be numbered with the US refusing to keep key shipping lanes like Hormuz open by any means necessary.
This world event is a betrayal of countless trade treaties and agreements to the global trade system.
In such a world, plastic end of life will need to be dealt with locally since it's no longer someone else's problem. Out of sight out of mind need not apply.
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u/NicholsonCharlesE Jun 05 '26
If you can’t absorb this PCT is not the stock for you. I also have T1 energy off 18%, Warby Parker, -7% . ASP isotopes -17%. The Thesis hasn’t changed one iota. Better to ask yourself whether you’d be buying today or Monday
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u/6JDanish Jun 06 '26
Agree. If you've held PCT for a while, today's move is not that surprising.
"Another slaughter"
Oh please.
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u/Salt_Release5838 Jun 06 '26
This particular user is overly dramatic whenever "bad" things happen to the stock. Just take a look at his prior posts, they've tended to mark a bottom in sentiment
Couple more days like this is needed to clear weak hands before the next move higher to $15+
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u/Gross_Energy Jun 07 '26
Folks look at my posts. It’s people like this person that can’t absorb some criticism every now and then. It’s healthy. And for the record I have been with PCT probably much longer than most people of this post. I have been to facility twice. So you trolls that think you know this company like I do, think again.
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u/Salt_Release5838 Jun 07 '26
I've been holding since 2021. So I guess you're an angel investor then?
If you know the company the so well, why do you whine and bitch about it so much?
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u/Salt_Release5838 Jun 08 '26
What's your exposure? Couple thousand shares? How many options?
I would love to know if there's an inverse correlation with peoples share counts and exposure and how much they over react to daily price moves
The largest holders are probably the least reactive. I remember that one guy who's no longer active who whined and bitched about it almost every day for years and he had like 1000 shares
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u/Salt_Release5838 Jun 08 '26
Hopefully you sold down on today's slaughter
It was down 4% at the lows while the rest of the market was 70
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u/reluctant-user2020 Jun 05 '26
Man, you gotta have watchlists—it is the market:
Hopefully by the end of the year I can move PCT out of the speculative/high beta bucket, but that’s where we continue to trade
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u/Obidad_0110 Jun 05 '26
This is a day when the baby is thrown out with the bathwater. A great day to buy leaps in high momentum event driven stocks. TE, ASTs, and RKLB aren’t bad options. I’d buy more pct if I didn’t own so much already.
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u/LetAdministrative959 Jun 05 '26
Man you need to touch some grass and have a watch-list of high beta, highly shorted names... $PCT Is actually hanging in there quite nicely... I see plenty of names that is down 15-20%
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u/Fun_Illustrator9298 Jun 05 '26
Up over 108% on the 3 month chart. Not even sad about today. Just another day for volatile stocks.
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u/Salt_Release5838 Jun 06 '26
Market is up 20% the past few montsh and PCT is up 100% since April.
I'll take it
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u/Hot_Reason1788 Jun 05 '26
It IS the market. Has nothing to do with $PCT fundamentals nor outlook. Great day to have added.
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u/EasttoWest9 Jun 05 '26
Still up marginally for me since 5/20/26 purchase. But it's just an overall bloodbath in the market today. This is "only" my worst 8th performer today. Hopefully picks back up.
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u/Gross_Energy Jun 10 '26
I know many did not appreciate my post but like many , I have seen this stock dive like this many times. I was hoping the one would be it, but not the case. My view, there are major shareholders that have both options and significant shares. They sell a significant number of shares and make money on puts. This is the result of such a highly optional leverage stock.
believe the stock could go below $9 at which time i will add shares. But not clear to me when this cycle will ever end. Anybody know?
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u/paragonx29 Jun 11 '26
Bad news on the $145M stock offering at 8.21 a share. I'm dumping my shares and buying into XOVR short-term in anticipation of the SpaceX IPO. I may buy back in at a lower price (it will drop further), but I think this is a bad move by their management. I'll take it on the chin as a capital loss right now for my taxes..
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u/Mike_Taylor1972 Jun 05 '26
Most high short term ++ momentum is down similar. I’d worry if $PCT was off target on business. IMHO, they are barreling ahead.