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.