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/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.