Purecycle PCT

Discussion in 'Stocks' started by nursebee, Oct 14, 2024.

  1. nursebee

    nursebee

    On investing now: Argh, a bit of a tough call right now. They have little cash left, maybe just months worth. I think they have 100M in bonds or similar to sell, seems they want to pair those with good news so as to not give up such a discount. The presort seems to be a cash burn right now but could pay off as they grow. There is potential for good news over the next several months.

    An investor would be taking risks and ought be compensated for these risks.

    The company needs to have things come to fruition in the timeline they have suggested.

    I think some of the weaker hands should have been shaken out. If I were a large fund, I'd buy shares on general market weakness while not being in any particular rush. I think the big picture of the market is uncertain in the short term. As the market firms up again large funds might need to hit the ask. I do not know how large firms operate but don't think this post earnings move shows the true reaction yet.

    Like politics, I see lots of all good or all bad opinions of the company. I think it is some of both.
     
    #121     Feb 28, 2025
  2. vztrdr

    vztrdr

    Dude... respect.
    Can you please share any and all stocks you're looking at?
    I mean... as these things go.... what you are doing with this one.... driving by at night and stuff lol... maaaan.... Peter Lynch owes you a dinner. For real.

    Give us the next stock you're checking out! Or at least pm it to me. :cool:
     
    #122     Mar 2, 2025
  3. nursebee

    nursebee

    I cringe at the idea of people following me, worry about it and try not to advocate too strongly. I had some people follow me in a company with failed stage 3 drug trials.

    While I doubt the overall utility, I enjoy trying to bounce ideas around online, appreciate the pro and con debate others can offer.
     
    #123     Mar 2, 2025
  4. vztrdr

    vztrdr

    We can't bounce them around unless you proffer a few more right? This one was great. ;)
     
    #124     Mar 2, 2025
  5. nursebee

    nursebee

    PCT reported their first meaningful sales.

    I expect the ramp will be slow but this might be worth owning in a long term portfolio.
     
    #125     May 8, 2025
    TrailerParkTed and Wide Tailz like this.
  6. maxinger

    maxinger


    The recent peak was on Dec 2024.

    It simply doesn't like to go beyond $10.
     
    #126     May 8, 2025
  7. Wide Tailz

    Wide Tailz

    Getting near the buy zone.....

    pct.JPG
     
    #127     May 8, 2025
    vztrdr and Sekiyo like this.
  8. nursebee

    nursebee

    Image 5-9-25 at 05.37.jpeg
     
    #128     May 9, 2025
  9. nursebee

    nursebee

    Image 5-9-25 at 10.27.jpeg
     
    #129     May 9, 2025
    TrailerParkTed likes this.
  10. This has been one of the best stock threads on Elite in years! Thanks NB!
     
    #130     May 11, 2025
    vztrdr likes this.