Trulieve Cannabis Corp (TCNNF)

[HopeSkeptic]

Trulieve value - what the shorts really want is forward PE 3.5 to 3?

TRUL Valuation Musing: At $11.90 SP with estimated 2020 earnings (my est of 2020 earnings at $2.90/share (.65c, 70c, 75c, 80c) with 110mil fully diluted shares), 2020 Forward PE estimate is around 4 or 5. That seems like a very good value. And if tax loss, year end and share release pressure gets this down to $10ish, we'd be at a 3.5 forward PE for a dominant company in a state that could go legal in 2020. And if (like in Aug) the unlock drives this to under $9, forward PE could sneak under 3?