RE:Some casual observations about share priceWell, here we are on Day 3. At the time of writing the share price had dropped to $39.66, so not quite $38.50 yet. However, given the volume churn, the drop will probably not end today.
BSdetector2016 wrote: On November 1st BCE closed at $44.81. Yesterday, November 5th, BCE closed at $40.47, which was a one-day drop of $4.34. In my experience, bad news ripples through the market over a period of about three days. Yesterday was Day 1. Share price drops continue as well, usually by a factor of thirds. Today I expect an additional drop of ~$1.45, implying a close of ~$39.02. If the law of thirds continues to apply, then tomorrow will see a potential bottoming-out at ~$38.50. After that dumpster divers will probably start buying, thus helping to support SP.