PureCycle 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/n...urope-301722880.html
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.
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.