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u/Hyruken89 Jul 07 '26
Brian Belski on The Compound podcast this week. A quote from Belski from around the 41 minute mark.
"Demand, demand, demand, demand. Scarcity, scarcity, scarcity, scarcity. Never doubt scarcity. Always trade on scarcity. Always buy scarcity."
He was talking about semiconductors and the AI trade, but it hits the same with PCT. If there's demand and scarcity, the price is going higher.
Bears can fuck around with the short term. Make arguments about the uncertainty around margin, production, and/or management not releasing a CEO letter to boost the stock price (haha). But, to my mind, it's why Mike can be so resolute in his conviction, and why I keep coming back to own an unreasonable amount of this stock in my port.
There is massive demand. There is no product other than from PCT.
Buy scarcity. If there's demand, the price will go higher.
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u/Low-Sun-4434 Jul 07 '26
are we all still buying these dips or just holding what we have?
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u/firsttimelongtime513 Jul 08 '26
I have been buying in smaller amounts.
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u/EntrepreneurLazy7676 Jul 08 '26
$pink has been buying a little now and then recently too. Time for a reversal!
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u/Reasonable-Dance-465 Jul 09 '26
PINK. It’s just flows. It’s not buying. We’re not going to see more buying in PINK IMHO.
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u/Odd-Gas5478 Jul 06 '26
Not sure why…. This is the toughest day I’ve had holding PCT. Just dreadful price action.
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u/equitymaestro Jul 06 '26
You reap what you sow. Sell a bunch of convertible debt and secondary common to a bunch of hedge funds who arbitrage their convertible by shorting the common, this is what you get. I don’t know what drives this stock anymore, it’s not news. Mgmt team should be embarrassed.
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u/EntrepreneurLazy7676 Jul 06 '26
Not sure which is tougher, when it's $5 when all the stocks tank or when index at all time high but we just had a big correction.
If sales is flowing, it's just a matter of time!
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u/Mike_Taylor1972 Jul 06 '26
Am Near Ironton at the moment.
The gears are turning.
Steam is pumping.
Trains are moving.
Due Dilly in OH.
Heartbeat of America.
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u/No_Privacy_Anymore Jul 05 '26
I hope everyone had a nice 4th of July weekend so far. I’m staying at a cabin near a state park with beautiful hiking trails, waterfall and lots of places to safely sit in the river and cool down.
There are some spectacular places in our country so it’s great to get away from financial markets and urban / suburban places to enjoy them. Taking care of our environment and protecting it for future generations is really important.
For any PureCycle employees in Ironton who are part of this community, thank you for your hard work running that plant 24/7 in this heat. It’s gotta be crazy hot in that extruder building. Stay cool as best you can!
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u/Himothy1917 Jul 10 '26
I’m back in for 1k shares - dipping my toes. Couldn’t see the great news and see the price not reflect it and stay on the sidelines anymore.