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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: stsimon who wrote (167631)	1/27/2021 10:52:36 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217737

Re <<Furthermore, I wonder what would happen if the Fed decided to move stock market margin requirements from 50% to 100%?>> Trick question, I see. Of course the market would go up! Because the punters would know that the Fed is then afraid that the market would go up because it should go up, or something like that? Look at Tootsie Roll, :0) But while falling retail sales traditionally lead to lower share prices, Reddit-charged day traders have been piling into previously unloved tickers in recent sessions, driving them to record highs. Short interest in the candy maker is 46% of its float, with 22 days to cover, according to data from S3 Partners. bloomberg.com Tootsie Roll at Record Highs as Shorted Stocks Get Trader Love Jeremy R Cooke 1:03 The maker of Tootsie Pops has spiked to a record as retail traders pour into heavily-shorted stocks fueled by excitement over GameStop Corp.’s meteoric surge. Shares of Tootsie Roll Industries Inc. soared 53% into record territory Wednesday, adding to its gains this week, and triggering a brief trading pause. A spokesperson for the company didn’t immediately comment. The company, maker of its namesake candy along with other consumer brands like Junior Mints, has had a challenging year as traditional candy-consumption events like Halloween and birthday parties were disrupted by the Covid-19 pandemic. Sales fell 14% in the latest quarter, as both planned and impulse purchases of the products declined. But while falling retail sales traditionally lead to lower share prices, Reddit-charged day traders have been piling into previously unloved tickers in recent sessions, driving them to record highs. Short interest in the candy maker is 46% of its float, with 22 days to cover, according to data from S3 Partners. — With assistance by Deena Shanker Before it's here, it's on the Bloomberg Terminal. LEARN MORE Sent from my iPad