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Bullboard - Stock Discussion Forum BCE Inc T.BCE.PR.E


Primary Symbol: T.BCE Alternate Symbol(s):  BCE | T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C | BCEPF | T.BCE.PR.D | BCAEF | T.BCE.PR.F | T.BCE.PR.G | BECEF | T.BCE.PR.H | T.BCE.PR.I | T.BCE.PR.J | T.BCE.PR.K | BCEXF | T.BCE.PR.M | T.BCE.PR.N | T.BCE.PR.Q | T.BCE.PR.R | BCEIF | T.BCE.PR.S | T.BCE.PR.T | T.BCE.PR.Y | BCEFF | T.BCE.PR.Z | T.BCE.PR.L

BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and... see more

TSX:BCE - Post Discussion

BCE Inc > Some casual observations about share price
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Post by BSdetector2016 on Nov 05, 2024 8:01am

Some casual observations about share price

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.
Comment by cooper90 on Nov 05, 2024 8:20am
Don't give up your day job! This is a Net credit positive for the company and supports cash flow positive growth with a much reduced regulartory environment in the largest market in the world to expand further it was an over reaction and at the current price offers great value which a near 10% divi clip  picked up at $40.30 and believe this goes back to $41.50 in the coming days and then  ...more  
Comment by BSdetector2016 on Nov 05, 2024 8:36am
Read TD Cowen's report and note the title; it isn't exactly a glowing endorsement.
Comment by BSdetector2016 on Nov 06, 2024 10:58am
Well, 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.  
Comment by Ocalaman on Nov 06, 2024 11:21am
Lot of pent up emotion going into results and conference call tomorrow, 
Comment by BSdetector2016 on Nov 06, 2024 11:26am
They won't be pulling any rabbits out of hats. Will anyone believe a word Bibic says tomorrow? Shareholders are shooting first and (maybe) asking questions later.
Comment by Quintessential1 on Nov 06, 2024 4:38pm
Yeah these were good calls.  See you again tomorrow Kreskin? GLTA
Comment by BSdetector2016 on Nov 07, 2024 9:38am
Oh look - $38.51