PureCycle Technologies, Inc. (PCT) came to good (for sell) level again

Discussion in 'Stock Market Today' started by Nick Leliukh, Jun 11, 2021.

  1. Nick Leliukh

    Nick Leliukh New Member

    Jun 10, 2021
    Likes Received:
    Hello everyone.
    Sorry for my broken English.

    Probably some of you have heard about Hindenburg research.
    In May they released a very nice piece about PureCycle Technologies, Inc. (PCT). Here is it

    Because of this research PCT dropped from 24.59 to 14.83 within one day and then rolled down to 10.
    But like Phoenix this stock moved again to 20+. According Hindenburg the company will die sooner or later (their research shows a lot of reasons for that).
    Looking at candle charts on D1 and W1, I think it's very nice time to help this stock to move down again.

    N.B. I'm short on PCT

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