Trulieve Cannabis Corp (TCNNF)

[GE_Jim]

Some thoughts. But first I should mention I did sell yesterday. I’ll just say disciplined investing and leave it at that. Ok, thoughts. First, we have SAFE as a trigger. I don’t see the firm footing I would like to see regarding this. I am aware of the Committee Chairman Sherrod Brown comments, the quote from him is “would like to” hold a vote on a marijuana banking bill this month—but said “it depends” on other priorities advancing”. This is part of the firm footing I’m missing. What I want to see is this. We are having a vote, then having the vote pass, afterward when does it take effect and are there any entanglements associated with it. Maybe all of that will come, but until it does, I don’t have that firm footing. We also have a few other factors to consider past the trigger. Are MOMO’s jumping in, that would be for the short term of course, answer is IDK. Could we have FOMO people jumping in, sure but again IDK. Could shorts be involved with covering, again IDK. And since it’s the first week of the new qt, could this be linked to any dilution from the company that we will not find out about till mid NOV. Again, I don’t know.
Currently from the charts we just went over the overbought mark on the RSI. Anyway, just some thoughts with a lot of IDK causing a lack of clarity for me. All IMO.
Now back to enjoying summer.