BCE Inc T.BCE.PR.E

Todays dumper

[traderlong2]

Love to know who dumped 71 million dollars worth today
if they are done back up this should go
clearly the reason

go Scotia !!!


House Positions for C:BCE from 20240402 to 20240402

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
85 Scotia	1,098,518	48,998,559	44.604	186,338	8,310,698	44.60	912,180	-40,687,861
7 TD Sec	1,413,355	62,996,579	44.572	858,697	38,284,522	44.584	554,658	-24,712,057
2 RBC	1,057,513	47,089,315	44.528	849,144	37,863,370	44.59	208,369	-9,225,945
80 National Bank	417,828	18,599,148	44.514	226,729	10,121,061	44.639	191,099	-8,478,087
79 CIBC	2,314,699	103,229,012	44.597	2,249,177	100,231,304	44.564	65,522	-2,997,708
19 Desjardins	73,468	3,272,988	44.55	25,126	1,120,775	44.606	48,342	-2,152,213
222 JP Morgan	39,086	1,747,709	44.714	0			39,086	-1,747,709
124 Questrade	65,717	2,930,329	44.59	27,477	1,226,257	44.628	38,240	-1,704,072
101 SG Capital	60,539	2,711,457	44.789	40,420	1,805,583	44.671	20,119	-905,874
33 Canaccord	27,268	1,214,109	44.525	11,126	501,338	45.06	16,142	-712,771
56 Edward Jones	18,542	824,978	44.492	8,391	374,632	44.647	10,151	-450,346
48 Laurentian	9,850	439,440	44.613	3,000	134,220	44.74	6,850	-305,220
88 Credential	30,418	1,355,905	44.576	25,324	1,127,289	44.515	5,094	-228,616
8 Eight	5,000	222,620	44.524	0			5,000	-222,620
76 iA	10,711	477,883	44.616	6,483	289,964	44.727	4,228	-187,919
57 Interactive	7,163	318,956	44.528	3,125	139,254	44.561	4,038	-179,702
89 Raymond James	11,351	505,777	44.558	7,810	347,379	44.479	3,541	-158,398
84 ITG84	2,406	107,099	44.513	200	8,898	44.49	2,206	-98,201
25 Odlum	4,218	187,282	44.401	2,200	98,469	44.759	2,018	-88,813
24 Clarus	1,350	60,191	44.586	0			1,350	-60,191
62 Haywood	1,414	63,188	44.687	286	12,753	44.591	1,128	-50,435
94 Hampton	700	31,107	44.439	0			700	-31,107
200 Acumen	450	20,027	44.504	0			450	-20,027
28 CI	5,470	244,513	44.701	5,444	242,547	44.553	26	-1,966
59 PI	903	40,261	44.586	1,130	49,791	44.063	-227	9,530
90 Barclays	1,487	66,476	44.705	1,800	80,380	44.656	-313	13,904
68 Leede	22	983	44.682	500	22,275	44.55	-478	21,292
35 Friedberg	0			4,209	191,087	45.40	-4,209	191,087
22 Fidelity	11,492	512,259	44.575	16,290	723,440	44.41	-4,798	211,181
14 Virtu ITG	17,224	770,145	44.713	32,036	1,427,481	44.559	-14,812	657,336
83 Research Cap	16,545	740,472	44.755	31,515	1,409,080	44.711	-14,970	668,608
15 UBS	2,700	120,486	44.624	20,084	898,098	44.717	-17,384	777,612
5 Citadel	93,266	4,165,313	44.661	111,261	4,967,834	44.65	-17,995	802,521
65 Goldman	6,573	293,906	44.714	33,145	1,482,806	44.737	-26,572	1,188,900
13 Instinet	8,293	369,871	44.60	38,978	1,739,030	44.616	-30,685	1,369,159
39 Merrill Lynch	276,618	12,325,872	44.559	340,053	15,155,424	44.568	-63,435	2,829,552
9 BMO Nesbitt	398,304	17,764,825	44.601	512,616	22,816,969	44.511	-114,312	5,052,144
53 Morgan Stanley	94,708	4,223,260	44.592	313,902	13,986,303	44.556	-219,194	9,763,043
1 Anonymous	1,832,213	81,644,757	44.561	3,443,366	153,496,751	44.578	-1,611,153	71,851,994
TOTAL	9,437,382	420,687,057	44.577	9,437,382	420,687,062	44.577	0	5

[KillaDip]

It's likely a large amount of that anonymous number went through BMO. The chinese wall between trading/research/banking is a myth. BMO is gonna benefit huge from the trading flows their research group just triggered. I'm not saying it was the catalyat behind the downgrade but I wouldn't be surprised if it was encouraged through a BMO relationship with a group of short sellers. 

[joebravo]

So BMO was a $5 million net buyer yesterday.  Go figure. Downgrade the stock, then buy it on weakness.  Very ethical indeed.