Business
Potential exposure to COVID-19 at one location in Northern Zone & two flights, Public Health warns – HalifaxToday.ca

NEWS RELEASE
NOVA SCOTIA HEALTH PUBLIC HEALTH
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Nova Scotia Health Public Health is advising of potential exposure to COVID-19 at one location previously named in the Northern Zone (an update based on further investigation) and two flights. In addition to media releases, all potential exposure notifications are listed here.
Anyone who worked or visited the following location on the specified date and time is asked to immediately visit https://covid-self-assessment.novascotia.ca/en to book a COVID-19 test, regardless of whether or not they have COVID-19 symptoms. You can also call 811 if you don’t have online access or if you have other symptoms that concern you.
- *Updated* Andre’s Pizza (243 S Foord St, Stellarton) between Dec. 10 and 14 is asked to immediately visit https://covid-self-assessment.novascotia.ca/en to book a COVID-19 test, regardless of whether or not they have COVID-19 symptoms. It is anticipated that anyone exposed to the virus on the named dates may develop symptoms up to, and including Dec. 28.
Anyone who was on the following flights in the specified rows is asked to continue to self-isolate and immediately visit https://covid-self-assessment.novascotia.ca/en to book a COVID-19 test, regardless of whether or not they have COVID-19 symptoms. You can also call 811 if you don’t have online access or if you have other symptoms that concern you. All other passengers on this flight should continue to self-isolate as required and monitor for signs and symptoms of COVID-19.
- Swoop Airlines flight 409 travelling on Dec. 18 from Toronto (6 p.m.) to Halifax (9 p.m.). Passengers in rows 15-21 are asked to continue to self-isolate and immediately visit https://covid-self-assessment.novascotia.ca/en to book a COVID-19 test, regardless of whether or not they have COVID-19 symptoms. It is anticipated that anyone exposed to the virus on this flight on the named date may develop symptoms up to, and including, Jan. 1, 2021.
- WestJet flight 254 travelling on Dec. 19 from Toronto (9:45 p.m.) to Halifax on Dec. 20 (12 a.m.). Passengers in rows 1-5 are asked to continue to self-isolate and immediately visit https://covid-self-assessment.novascotia.ca/en to book a COVID-19 test, regardless of whether or not they have COVID-19 symptoms. It is anticipated that anyone exposed to the virus on this flight on the named date may develop symptoms up to, and including, Jan. 3, 2021.
Please remember: Visit https://covid-self-assessment.novascotia.ca/en to do a self-assessment if you have had or you are currently experiencing:
- fever or cough (new or worsening)
OR
- two or more of the following symptoms (new or worsening):
- sore throat
- runny nose
- headache
- shortness of breath
Please do not go directly to a COVID-19 assessment centre without being directed to do so and do not go to a pop-up rapid testing location.
Currently, anyone travelling to Nova Scotia from outside of the Atlantic Provinces is expected to self-isolate alone for 14 days after arriving. If a person travelling for non-essential reasons enters Nova Scotia from outside Atlantic Canada, then everyone in the home where they are self-isolating will have to self-isolate as well.
When Nova Scotia Health Public Health makes a public notification it is not in any way a reflection on the behaviour or activities of those named in the notification.
All Nova Scotians are advised to continue monitoring for COVID-19 symptoms and are urged to follow Public Health guidelines on how to access care. Up to date information about COVID-19 is available at novascotia.ca/coronavirus.
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Business
Coronavirus: Doug Ford reiterates call for mandatory COVID-19 tests for air travellers – Global News
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Business
GameStop shares almost double again as retail investors poke Wall Street's bears – CBC.ca
Individual investors again piled into several niche stock market plays on Tuesday, prompting hedge fund short sellers to scramble to cover losing bets and driving a rally in shares of companies including GameStop and Etsy.
The surge in recent days — GameStop has risen to about $150 from $19 since Jan. 12 while BlackBerry Ltd. has shot up 170 per cent this year — has spurred concerns over bubbles in stocks that hedge funds and other speculative players had bet would fall in value.
To some on Wall Street, the moves have also begun to look symbolic of a stock market that may be overvalued at the end of a year dominated by floods of fiscal and monetary stimulus to ease the coronavirus crisis.
“This is hardly an environment where informed investors are transacting to establish price discovery,” said Mike O’Rourke, chief market strategist at JonesTrading.
Chasing tips from Reddit
The benchmark S&P 500 has gained more than 70 per cent since March, with analysts putting moves in share prices of several loss-making firms down to herds of amateur investors chasing tips from Reddit discussion threads or the private Facebook group Robin Hood’s Stock Market Watchlist.
Venture capital investor Chamath Palihapitiya said in a tweet that he had bought $115 call options on GameStop, a gaming and electronics retailer, on Tuesday morning after an exchange with Reddit founder Alexis Ohanian. Those give him the right to buy the shares at $115, should he choose to.
GameStop closed at $147.98, up about 92 per cent on the day and extending its winning streak to a fourth straight session.
In after hours trading in New York on Tuesday evening, the shares were changing hands at more than $200 a share.
Much of the action has centred around shares that have been heavily “shorted” by other market players — traditionally an area dominated by hedge funds.
Shares in Evotec, a Germany-based drug company, rallied eight per cent on Tuesday with three traders reporting that hedge fund Melvin Capital Management was closing its short positions after suffering losses on some bets.
Melvin previously held a 6.2 per cent short bet against Evotec, according to filings with the German regulator. The fund did not respond to requests for comment.
WATCH | Here’s how short selling works:
An animated explanation of how people make money from stocks losing value 0:46
Short sellers typically bet against stocks of companies that they view as outdated in their business models or otherwise overvalued.
BlackBerry shares trade at a 12-month forward price to earnings ratio (P/E ratio) of 117.22, while online retailer Etsy has a multiple of 93.44. At that level, investors are paying $93 for every dollar of actual profit at the underlying company.
Lots of <a href=”https://twitter.com/search?q=%24GME&src=ctag&ref_src=twsrc%5Etfw”>$GME</a> talk soooooo….<br><br>We bought Feb $115 calls on <a href=”https://twitter.com/search?q=%24GME&src=ctag&ref_src=twsrc%5Etfw”>$GME</a> this morning. <br><br>Let’s gooooooo!!!!!!!! <a href=”https://t.co/XhOKL1fgKN”>https://t.co/XhOKL1fgKN</a> <a href=”https://t.co/rbcB3Igl15″>pic.twitter.com/rbcB3Igl15</a>
—@chamath
By contrast, Apple Inc., the world’s most valuable publicly listed firm, has a 12-month forward P/E ratio of just 34.46. Etsy jumped as much as nine per cent on Tuesday after Tesla Inc. CEO Elon Musk, also often a focal point for social media-savvy traders, endorsed the company in a tweet.
Investor Andrew Left is as convinced as ever that GameStop is a dying business and its stock price will fall sharply.
Will it end badly? Sure. We just don’t know when– Thomas Hayes, Great Hill Capital
Left shorted the company’s stock when it traded around $40 a share and forecast publicly that it would tumble to $20 a share. He said on Tuesday that he was still shorting the stock.
“Will it end badly? Sure. We just don’t know when,” said Thomas Hayes, managing member at Great Hill Capital in New York.
“The most optimistic estimate from the street [for GameStop] is $30 a share, which would be pricing in perfection on all of the most bullish initiatives of the company.”
Business
GameStop shares continue meteoric rise as retail investors poke Wall Street's bears – CBC.ca
Individual investors again piled into several niche stock market plays on Tuesday, prompting hedge fund short sellers to scramble to cover losing bets and driving a rally in shares of companies including GameStop and Etsy.
The surge in recent days — GameStop has risen to about $90 from $19 since Jan. 12 while BlackBerry Ltd. has shot up 170 per cent this year — has spurred concerns over bubbles in stocks that hedge funds and other speculative players had bet will fall in value.
To some on Wall Street, the moves have also begun to look symbolic of a stock market that may be overvalued at the end of a year dominated by floods of fiscal and monetary stimulus to ease the coronavirus crisis.
“This is hardly an environment where informed investors are transacting to establish price discovery,” said Mike O’Rourke, chief market strategist at JonesTrading.
The benchmark S&P 500 has gained more than 70 per cent since March, with analysts putting moves in share prices of several loss-making firms down to herds of amateur investors chasing tips from Reddit discussion threads or the private Facebook group Robin Hood’s Stock Market Watchlist.
Venture capital investor Chamath Palihapitiya said in a tweet that he had bought $115 call options on GameStop, a gaming and electronics retailer, on Tuesday morning after an exchange with Reddit founder Alexis Ohanian. Those give him the right to buy the shares at $115, should he choose to.
GameStop gained 22 per cent to $93.70 in morning trade, well below Monday’s intraday high of $159.18, but extending its winning streak to a fourth straight session. The broader U.S. stock market was about flat on the day.
Will it end badly? Sure. We just don’t know when.– Thomas Hayes, Great Hill Capital
Much of the action has centred around shares that have been heavily “shorted” by other market players — traditionally an area dominated by hedge funds. Shares in Evotec, a Germany-based drug company, rallied eight per cent on Tuesday with three traders reporting that hedge fund Melvin Capital Management was closing its short positions after suffering losses on some bets.
WATCH: Here’s how short selling works:
An animated explanation of how people make money from stocks losing value 0:46
Melvin previously held a 6.2 per cent short bet against Evotec, according to filings with the German regulator. The fund did not respond to requests for comment. Short sellers typically bet against stocks of companies that they view as outdated in their business models or otherwise overvalued. BlackBerry shares trade at a 12-month forward P/E ratio of 117.22, while online retailer Etsy has a multiple of 93.44. At that level, investors are paying $93 for every dollar of actual profit at the underlying company.
Lots of <a href=”https://twitter.com/search?q=%24GME&src=ctag&ref_src=twsrc%5Etfw”>$GME</a> talk soooooo….<br><br>We bought Feb $115 calls on <a href=”https://twitter.com/search?q=%24GME&src=ctag&ref_src=twsrc%5Etfw”>$GME</a> this morning. <br><br>Let’s gooooooo!!!!!!!! <a href=”https://t.co/XhOKL1fgKN”>https://t.co/XhOKL1fgKN</a> <a href=”https://t.co/rbcB3Igl15″>pic.twitter.com/rbcB3Igl15</a>
—@chamath
By contrast, Apple Inc., the world’s most valuable publicly listed firm, has a 12-month forward P/E ratio of just 34.46. Etsy jumped as much as nine per cent on Tuesday after Tesla Inc. CEO Elon Musk, also often a focal point for social media-savvy traders, endorsed the company in a tweet.
Investor Andrew Left is as convinced as ever that GameStop is a dying business and its stock price will fall sharply. Left shorted the company’s stock when it traded around $40 a share and forecast publicly that it would tumble to $20 a share. He said on Tuesday that he was still shorting the stock.
“Will it end badly? Sure. We just don’t know when,” said Thomas Hayes, managing member at Great Hill Capital in New York. “The most optimistic estimate from the street [for GameStop] is $30 a share, which would be pricing in perfection on all of the most bullish initiatives of the company.”
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