We ran into a money manager at the Denver tour, claimed to have invested his and his clients money, sent me the following presentation by someone on X. Sorry for the length but it is what it is.
Don't exactly move at blinding speed considering the massive quantities our economy puts out - it seems that each facility would need dozens running 24x7x365 just to have a chance at reducing what goes into landfills.
It's a capital markets play. The whole operation is basically a stage show for a buyer. They have these huge facilities with no capacity online. It's a joke. Stock is a joke. The OP thinks it's an edge because he visits as a hobbyist and equates himself with a guy who ran a MF during a historic bull mkt.
They said this line can support 2-3 production facilities when ran full time. I think it depends upon the purity of the starting product that comes into the presort facility. They do some additional sorting in Ohio. 10 TPH=175M pounds per year.
The chart suggests we might be leaving a bit of a consolidation area as noted. Volume is much lower than many technicians call for. Total dollar volume traded is very low, it strikes me as being difficult to move in size, many players thus can't play. For example, a 25,000 share play at this point in the day is a whopping 3-4% of volume! Me thinks anyone playing for a swing must do so in small size, consider where to get out. Perhaps as we approach 13-15? Mr. Catty (he of nine lives here) made a comment about this being a shitshow to sell to others, this is a fair viewpoint for consideration. If true, which I can't know, I don't think it impacts the inevestability Note, the offer of tours is a result of industry efforts, not showmanship: recycling-in-action Folks on twitter find validation in the fact that Druckenmiller bought a bit, bought bonds, and added more.
“ Stanley Druckenmiller-Backed PureCycle Eyes $600M Payday Benzinga· 09:05 PureCycle Technologies(PCT.US) 14.230 +19.88% The plastic revolution is going global – and Purecycle Technologies Inc's (NASDAQCT) monopoly-like tech could turn trash into treasure for investors. Stanley Druckenmiller doesn't chase hype. So when the legendary investor doubled down on PureCycle, it raised eyebrows. Now, with a $300 million capital raise locked in, PureCycle is going global – rolling out plans for one billion pounds of installed polypropylene recycling capacity by 2030.”