![](https://investorshub.advfn.com/uicon/649621.png?cb=1569722106)
Monday, June 10, 2019 11:33:49 PM
This will move when the market is ready for it to move, and when real investors start to pour in. The market just isn’t gracing trulieve with unreal high trading multiples because maybe it’s waiting on Trulieve to prove it’s capable of the same success its had in Florida, being applied and successful in Massachusetts, Connecticut, and based off their documented heavy lobbying in Georgia, maybe that state as well.
Otherwise this stock will remain in ranges based off current and forward 30-38x eps trading multiples as they continue to show consistent quarterly growth.
.32 eps at 30-38x is a price per share of 9.60 - 12.16USD per share. Where have we been trading?? Starts to make sense.
220 Million end of 2019 based off 111 Million outstanding and using their excellent margins.
.69 EPS? End of 2019
20.81 - 26.22 USD at 30-38x
Average EPS from analysts is .64 for 2019.
19.20 - 24.32 USD at 30-38x
We are doing just fine, I’m not saying manipulation doesn’t exist or MM’s aren’t holding the price down... I’m just saying we are staying in realistic trading ranges, and so far, steadily growing in a healthy way.
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