Jun. 18 at 11:11 PM
$PCT I have posted before over the years. Not many positions I have that are truely investments. I like to feel this one is. I came to find out about purecycle as talk of the litigation with
$PG a few years ago heated up . It always bothered me that we didn’t have a great way to recycle number 5 and other types of plastics and reuse them. Our oceans are full of this crap and if a technology existed it would be very valuable. (Trash to virgin material ). So I took a starter position and a few options trades which did well. I had a friend in the plastic media business as a wholesaler and I asked him if he ever heard of purecycle or the concept of recovering low grade recycled plastic. He said he had. And that there is a huge market as the global market for media is expensive and very dirty in quality and environmentally. So I leaned in a little. I like to shop on sale so last August took out a large leap postion as well. I like to post nonsense gifs on my positions but overall. I really like this one. To another persons point here. A little consolidation around 12 is fine. I see 20s before year end in my own opinion which should not under any circumstances be construed as financial advice. Just the ramblings of an investor who likes an investment. GLTA
