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BCE Inc T.BCE

Alternate Symbol(s):  BCE | T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C | BCEPF | T.BCE.PR.D | T.BCE.PR.E | BCAEF | T.BCE.PR.F | T.BCE.PR.G | T.BCE.PR.H | BECEF | T.BCE.PR.I | T.BCE.PR.J | T.BCE.PR.K | BCEXF | T.BCE.PR.M | T.BCE.PR.N | T.BCE.PR.Q | T.BCE.PR.R | BCEIF | T.BCE.PR.S | T.BCE.PR.T | T.BCE.PR.Y | BCEFF | T.BCE.PR.Z | T.BCE.PR.L

BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.


TSX:BCE - Post by User

Comment by JoeBravo1on Mar 08, 2024 11:51am
302 Views
Post# 35922867

RE:RE:RE:12.7 million Shorts as of 07/03/24

RE:RE:RE:12.7 million Shorts as of 07/03/24Wow, $40 and a 10% Yield which is unheard of for BCE which has a historic Yield avg of 4% and as high as 5%.

So forget about 8%, let's wait for $40 and get 10%.  That would be another 10 year low to set to the one just set was this week.

Now, yesterday more than 6 million shorts were covered.  Today, I would think some are being added, but with ex-dividend day approaching, they will have to drive the price down more than $1 per share in order to cover the dividend on Mar.14 ex-div date.

Either that or cover.  Seeing they started to cover yesterday knowing that there is huge support at the 52 week and 10 year low set earlier this week, shorts are playing with fire if they don't cover prior to March 14.
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