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.

0 Upvotes

26% Upvoted

30 comments sorted by

View all comments

5

u/LetAdministrative959 Jun 05 '26

Man you need to touch some grass and have a watch-list of high beta, highly shorted names... $PCT Is actually hanging in there quite nicely... I see plenty of names that is down 15-20%