Curaleaf Holdings Inc. (CURLF)

[WiseOldGuy]

Insiders are generally holding their shares. However, about 14 million shares are released each quarter from the lock-up. No one knows whether they are sold, traded etc. This stock is heavily shorted. Also, this stock tends to get sold after earnings come out, though it runs up double-digit percentage in the few days prior to earnings. My guess is that there are still too many shares floating about for an OTC stock and thus, it is hard to get any upward momentum; this status may not change until the company can list on a major US exchange.

First quarter 2020 is now about complete and the Select acquisition is not expected to really pay off until 2nd or 3rd quarter; it is being heavily disciplined by Curaleaf to increase profitabilityprior management did not run a tight ship. Expect about a 20% managed revenue increase over 4th quarter of 2019, as 1st quarter is now about complete and believe me, top management knows these numbers.