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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

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Post by KillaDipon Apr 08, 2024 10:50pm
477 Views
Post# 35978119

Negative sentiment

Negative sentimentBCE is a victim of negative sentiment. Nothing influences sentiment like price. If you owned this at anything above 55 you're obviously not feeling good but take a step back and analyze this as someone with no position whatsoever. Why after a 40% correction would you begin naked shorting an oligopolist player that has clear competitive advantges and barriers to entry on its side? Ever since the last ex-divy date the price action made it fairly evident cap loss harvesting was the main motivation. The narratives have spun wildly from there. Sure more downside is possible but the risk reward more than skews toward being long at these levels. 
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