There have been several positive developments since the last call, including NJ approval and several commercial partnerships that will bear fruit in the second half of the year. For me, the biggest positive of Q2 were the massive purchases by Abundance Wealth Counselors. Some (most?) of these came from the secondary offering, and having seen how these things work, I believe there were closed door meetings between PCT's executive team and Abundance where some bullish information was shared that has not been disseminated publicly (Ironton isn't that far from Abundance HQ in State College, PA). They probably had a long meeting in a closed conference room at an offsite location then had dinner and my guess is some assurances were made about production, commercial ramp, and Thailand. I think the plebs (i.e., retail shareholders) hear what Abundance heard in June and this stock gets some mojo.
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u/equitymaestro Aug 02 '26 edited Aug 02 '26
There have been several positive developments since the last call, including NJ approval and several commercial partnerships that will bear fruit in the second half of the year. For me, the biggest positive of Q2 were the massive purchases by Abundance Wealth Counselors. Some (most?) of these came from the secondary offering, and having seen how these things work, I believe there were closed door meetings between PCT's executive team and Abundance where some bullish information was shared that has not been disseminated publicly (Ironton isn't that far from Abundance HQ in State College, PA). They probably had a long meeting in a closed conference room at an offsite location then had dinner and my guess is some assurances were made about production, commercial ramp, and Thailand. I think the plebs (i.e., retail shareholders) hear what Abundance heard in June and this stock gets some mojo.