Post by
Duster340 on Dec 11, 2024 2:56pm
Stephen Takacsy
says BCE is about to get hammerd that is what happens when dividends get cut. but he says the stock will bounce back, so if you can time the bottom when it gets over sold some money can be made on a bounce back
Comment by
caretired1 on Dec 11, 2024 3:33pm
Any insitutions/funds that want to sell have sold. Retail tax loss still to finish up. I dont think a divvy cut will hit the SP below $33-35 esp in the new year. I also dont expect a divvy cut until H2 25 or in 26. They have some assets to sell if debt reduction is decided to be more of a priority.
Comment by
jx7000 on Dec 12, 2024 12:57pm
Didn't Warren Buffet say to, "buy when there's blood in the streets"?
Comment by
jx7000 on Dec 12, 2024 2:42pm
Those "Marx bros." [sic] won't be around this time next year, so that should change things for the better (despite what their media shills say).
Comment by
Ocalaman on Dec 12, 2024 1:52pm
He also said he buys great companies at low prices !