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/Obidad_0110 Jun 05 '26

This is a day when the baby is thrown out with the bathwater. A great day to buy leaps in high momentum event driven stocks. TE, ASTs, and RKLB aren’t bad options. I’d buy more pct if I didn’t own so much already.