BCE Inc T.BCE

Free Fall

[RusticHit]

Why  Bce darling of millions is in free fall since yesterday while markets to new highs is there any news i m missing loaded at 56  ???????????

[MS12345]

Wondering as well, considering they are pretty much in collusion with the other 2 players? Sure, they will have an excuse about the costs involved in setting up the 'At Home' but but, would think it's more to to much corporate inefficiencies.

[MarketBS]

Its MM manipulating to load up and take your shares, plus some tax loss selling and other existing after they collect the dividend. BCE pays you 6% yield to hold, why sell when you can make that?  It will start to hit everyones watch list soon.

[SargeX]

It's just the way our current stock market works in the short term. There's so much in the short term that doesn't make sense. Could be shorters or bad automated trading algorithms or whatever. My wife & I have owned BCE since May 2009 at $24.15 and have never stressed about it. In the long term it is going to be more than fine and with a fabulous growing divy to boot..  A

[porksniffer]

It's imprtant to note BCE has been absolutely dead money heading for 6 or so years now. I like yield just as everyone else but quote frankly this is an abysmal performance. Seems some arbitrage goes on here, it rises steadily as div date aproaches then spends the next 2-3 days collapsing when the div is out of the stock.

[SargeX]

Hey Pork Fair enough comment on not much capital appreciation in the last 5 years (3.28% according to RBC DI). If you are a total return investor, then it probably isn't the stock for you. My wife & I are dividend income/growth retirees and are pleased as punch with the last 5 years as that's a ton of dividend income. As I mentioned, we also have some serious capital appreciationas

[TimeBuilder]

NOTE: the  X date WAS  Dec 14th & pay date IS Jan15th 2021 @ .835 cents CDN.. The Record date was prior to the X date..A nice Yield approx. 5.93 %  Also checking  the charting & volumes. We firmly believe that the MM & MF operators (.Big & Small ) very well know just how to play the Record dates,X dates & Pay dates to max their investments..JMO as a long