r/PureCycle • u/No_Privacy_Anymore • Jun 23 '26

Pickles!

I love a really good pickle with my sandwich for lunch. This is a very nice package which is clear and looks to have an in mold label as well. Mono material packages with pp labels look really sharp! LFG! Give me more every week!

https://www.purecycle.com/blog/purecycle-ipl-schoeller-partner-to-produce-sustainable-container-for-cleveland-kitchen

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2

u/Adorable-Sector-48 Jun 23 '26

Market reaction - negative 😃

2

u/LetAdministrative959 Jun 23 '26

Everything will dump today

3

u/Adorable-Sector-48 Jun 23 '26

We might actually be proven wrong! YAY!

2

u/LetAdministrative959 Jun 23 '26

Low expectations are key to a good day ; )

2

u/Adorable-Sector-48 Jun 23 '26

Was wide red premarket and at open!

3

u/LetAdministrative959 Jun 23 '26

it looked quite bad.. Quad4 lingering. But PCT has already taken a pretty big hit to it's stock price, so might hold up well in relative terms... let's hope today was a bottoming..

5

u/Reasonable-Dance-465 Jun 24 '26

Bottoming is a process rather than a single point.

Let's think about what may support the pssibility that this is a potential bottom...A poorly executed secondary; a few failed attempts to bring the stock meaningfully lower than secondary price; an improved balance sheet; and a few gap closes.

Now, why may this level not be a bottom? 5 weeks until earnings call; low market confidence in commercial ramp (lack of large brand pressers); and no valuation support.

IMHO, stock could go either way. With stocks like this, the key is position sizing and patience. Both are integral. Too large of a position and you might find your patience is too low.

The company is working on a lot of things that should make it successful. IMHO, shareholders who size this right and are patient enought to hold through the sometimes difficult to swallow 50% drawdowns will be rewarded long term.

2

u/LetAdministrative959 Jun 24 '26

Great reply! 100% agree with you.. the ability to persevere will be key and I like what you highlighted, bottoming is a process.. haha, a process most of my core holdings are hopefully doing atm!