RE:RE:RE:Bce div cut.Quintessential1 wrote: Loaded up. Overweight. BCE is way oversold now so I will shed the extras later when it goes overbought. We will see if it runs up to the ex-div date when I expect the shorters will want to cover rather than pay.
GLTA
Quintessential1 wrote: I tend to disagree. The big boys are the only ones holding the stock. It's the retail investors and weak hands that are shedding shares. Looing for signs of a revearsal to get more and or possibly average down. If it double bottoms I would be a buyer and maybe go overweight to do it.
GLTA
Nonscence1 wrote: The big boys are dumping stock on unsuspecting investors as thery feel div will be cut,.Stock will go down to 40.00
You will simply have your head handed to you. So will Mirko Bibic, the amateur masquarading as CEO. It seems you both do not understand that the market will FORCE the dividend cut. It already started a month ago after the earnings and the amateur mistake of actually RAISING a dividend with an already 120% payout ratio. He better do an about face, wear the goat horns and get the cut over with ASAP or the stock will keep cratering every day until he is FORCED to cut it. Well done Mirko, the first Chief of Bell Canada to ever cut the dividend. You will make history.