Trulieve Cannabis Corp (TCNNF)

[HopeSkeptic]

I will have to go dig up what the values are of the unlocked shares - there was a good deep dive last summer about this (in Aug some had cost basis of $.05 and you can see how attractive selling at $8 would be.)

If the Aug 19 unlock is an example, it was two months of bottoming from mid-10s to high 7s and then back to 10 in two months. Even with Trul in a much stronger position now 8 months later, I can see a similar scenario of bouncing to low 7s due to covid. And if shorts add a scare tactic of the trial maybe 6s for a short time? The unlock is timed in May with Q1 earnings, and in July with Q2 results announced which should help.

All things considered I can see it bouncing between 6-9 until October (and having a forward PE of <1 by then?), but all that growth and acquiring by long term investors will end this year on an amazing note.