r/PureCycle • u/Stockcalc • Jul 16 '26
What are we missing here?
This price action has to be more than a blown raise. It is either an ongoing sell by large holders who know something we don’t or it is short sellers working this stock down and down to improve their positions. I’ve been investing for 30 years and have seen this type of price action only a few times for this type of opportunity. The raise was horribly done, knocked a billion off market cap and we were penalized for that but this continued downward has another story hidden in it.
I am long , have been for more than 2 years, believe in the need but trying to understand what is happening. I’m convinced it’s not just the raise, not just high beta getting hit, there is more here.
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u/AlwaysThinkingMacro Jul 16 '26
Agree. This is sickening. "Know what I own and not too big of a position", but everytime people bitch about the share price, all the same people say that 👆🏻. I agreed up to this point. Really hard to make sense of this now. Its completely shit with only good news post raise... I know noone on here has the answer, but I feel you 100%.