BCE Inc T.BCE.PR.E

Thank God...

[HoneyBadger77]

....this long toothed BMO analyst finally showed up to save us all and set his price target at $46 (from $54) when the stock was already down to $46!  Where was this guy months ago when everyone else was slashing the target?  Of course he did slash all the rest of the Telecoms too so his real intentions are a bit more cloudy.  The rest of the institutions that have been touting Telus and Rogers as the buys must be real pleased with him.

He reminds me of a street fighter that after his buddies have beat a guy to a pulp and they can't get up, the last guy whose been standing around watching walks up and gives them another kick!  Retail investors really need to wake up to these shenanigans. 

NYSE:BCE Forum Post | jx7000-35963351 | RE:RE:RE:Patrick Horan | BCE Inc (stockhouse.com)

I posted this yesterday....watch and learn....Lol

My opinion only, please DYODD.

HB77

[Dogsbreakfast4U]

The problem is that the interest rates narrative is gradually changing. Central banks may not be cutting as much as initially thought or at all this year. Bond yields are also up substantially recently. This weighs heavily on interest sensitive stocks such as telcos. 

[HoneyBadger77]

True, but if you've been following SEDAR, BCE has been doing share swaps to cover themselves as a hedge against the interest rate narrative.  These guys are big enough that they will figure out a way to minimize this short term situation that's likely to look a lot different in a year's time. Look at the layoffs coming.  And so when the soft landing gets a bit rougher than

[HoneyBadger77]

Here's the INK Research Insider Tracking link....Insider buying / swaps.... BCE Inc. BCE*CA Stock Quotes and Insider News | Insider Tracking

[JoeBravo1]

If the FED and the Bank of Canada do not begin monetary easing as they planned to in June/July, then both the US and Canada are in for a hard landing, and deep recession. Both Central Bank chairs have indicated they will do what is necessary to avoid a recession, and I believe that will be a priority as inflation keeps moving lower even after rates begin to come down. At the moment, Oil is

[mikeb4]

Until the liberal government is gone Bell will keep going down . They want control of everything . No business is safe with this clown in power

[pierrelebel]

mikeb4 wrote "Until the liberal government is gone Bell will keep going down..." That is a political comment that defies reality. The Liberals, headed by Justin Trudeau, were in power two years ago when BCE was trading at $70+ I do not recall anyone "blaming" the federal government at that time!

[FiddyFiddyShot]

This post has been removed in accordance with Community Policy

[mikeb4]

Well liberals arnt that bright. Trudeau will be gone . Look at the polls Trudeau is on a sinking ship right now as people wake up to his insanity