Posts  / PCT  / #POST-236205
REDDIT

Thoughts on a PCT potential squeeze?

I've been looking at this one. According to Fintel it has \~51M shares short covering 36% of the float with 10 days to cover.

The company beat earnings last week and saw its share price pop by about 15%, and it has modestly improved on those gains into the last two weeks.

It's still pre-revenue, but the guidance they gave was that there should be quite a bit more coming in later this year. It strikes me as something that could get a nice sustained run in the next month.

I've not done serious deep dives, so I'm more curious what people think.