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Purecycle

PCT LongPureCycle Technologies, Inc. (PCT) produces recycled polypropylene (PP). PureCycle plans on developing a polypropylene recycling facility in Belgium and the company believes the facility has the potential for a total annual capacity of 500 million pounds. PureCycle is currently engaged in feedstock sourcing and financial planning with the intent to secure a final project timeline by mid-2023. Construction of the plant is expected to begin upon completion of the permitting process, which is currently anticipated in 2024. Source: www.prnewswire.com On 2/9/23, someone bought the PCT 5/19 11C 17,000x 1.07. To me, I believe they must be thinking 12.50-14.00 on a risk-reward basis, which is a a 75% move from where its trading at currently…they are either betting on incredibly good earnings or a upcoming catalyst/announcement.
NASDAQ:PCTLong
by airborne99
PureCycle Tech (Is it bottoming?)View On PureCycle PCT(9 Jan 2023) I am seeing some bounce aka (rebound play) in this US stock, Now $5~$6 region can be a good cushion and it can go UP higher. If things work out well, $8.50 shall be pretty reachable. Let review it again in an month time or so. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
NASDAQ:PCTLong
by SonicDeejay