Post #307 by Philly Tide on the Falling Knives board

Investment Strategies / Falling Knives

Unthreaded | Threaded | Whole Thread (24)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

I think the main narrative is that the price of cocoa is through the roof, with few prospects for an easy fix, so nobody wants to touch them.

Another big reason for the sell off is the rise of the new weight loss drugs. Apparently, they remove the desire to snack.

That being said, HSY has been through just about every challenge during its existence, I am sure they will figure this one out too.

It is approaching the Dec 20 low of 179, which is the area it keeps bouncing off of, so I think it is good for a trade at least.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (24)

Prev | Next

Announcements

Falling Knives FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.