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BCE Inc BCE


Primary Symbol: T.BCE Alternate Symbol(s):  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 | BECEF | T.BCE.PR.H | 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 jx7000on Mar 22, 2024 1:11pm
328 Views
Post# 35947497

RE:RE:RE:Dividend cut

RE:RE:RE:Dividend cutYou're absolutely right about buying in on weakness on something like BCE, T, etc., during a short attack. I've been through a short attack with Home Cap. Group (HCG) about nine years ago.  It wasn't easy watching my shares go down from the mid C$20s (was paying a 5.5% div and then cut altogether) down to about C$5 +/-  as I recall.  I lost sleep for sure.

The problem of a short attack is how long of a timeframe do you have, and how long are you willing to watch your shares decline in value and stay down--it could stay down two to five years. I did bottom fish and average down my HCG price and then sold off at a tidy profit some months later.

Dollarama went through a similar short attack IMHO in the last three or so years.  You have to live and learn and be willing to play this short attack game.  I'd keep an eye on the "short interest" numbers for BCE--it's definitely going through a short attack. BCE's not going anywhere in the short or long term--they're too big to fail. I'm keeping my finger on the long-duration Call options trigger.


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