Trulieve Cannabis Corp C.TRUL

Are we going to 12.50 CDN ?

[Form001]

Have no idea. The downwave is strong.

[Gann999]

I can't see it going that low 15ish Canadian is book value. Typically companies that trade below book value are in massive amounts of debt or at risk of bankruptcy. It's almost at book value now people buying here will definitely make money when the market improves.

[Longterm777]

Relentless selling.  Need some news to scramble the shorts.  They are feasting on cannabis.  Impossible to know where the bottom is. 

[Longterm777]

...also, starting to feel like the market is getting pissed with all the buying they are doing??  Saw that film in Canada? Painful to watch it drop 3-5% daily.  Who is selling at these levels??

[Couchpilot]

Who's selling? Likely people who see nothing happening over the summer. Inflation will hammer margins, nothing happening on the legislative front, capital will be expensive, possible recession looming. With a lot of the positive catalysts on hold, people may be looking to re- enter at lower prices. I know it's hard to believe when you look at these revenues, these companies look like a

[Oldweed]

We are at at prices not seen for 3 years, with revenue of a billion+.....I would think MSOs are becoming attractive takeover targets.