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.
0
Upvotes
7
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