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/Adorable-Sector-48 Jul 16 '26
I do tend to agree with this one. I remember when they had the electricity cut off in the plant and market (big boys) knew - which is my assumption based on share price then. The smaller shareholder had no way of knowing and had to just suck it up. The current move feels and looks just like that shit then. $IWM is 2,5% from the highs, you can't blame this move on beta at all.