Author holds a large PCT position, citing a short squeeze setup with no shares available to borrow and a high borrow fee.
Unpriced research observations (excluded from Calls and Returns):
PCT — LONG The author holds a roughly $6.5M position in PCT and argues the stock is 'just getting started' after a prior news catalyst ('Valerie'). The stated mechanism is a short squeeze: zero shares available to borrow and a borrow fee above 15%, with the stock up 10% on over 10M volume on no news. The author implies more news is coming from here, though no specific catalyst date is given. resolved_entity_name_mismatch
Today up 10% with over 10m in vol on no news, zero shares available to borrow, borrow fee at 15%+.