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


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 | T.BCE.PR.E | BCAEF | T.BCE.PR.F | T.BCE.PR.G | BECEF | T.BCE.PR.H | T.BCE.PR.I | T.BCE.PR.J | 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 > Chances of squeeze?
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Post by BlueDawn on Dec 03, 2024 4:26pm

Chances of squeeze?

Considering BCE shorts went from 8 to 52milliom share short on NYSE over 8months (160 trading days)  roughly over supply of 275,000 per day (on even distribution / roughly 12% of daily average).   That's a huge downward pressure!  

price is very much a result of supply and demand in stocks so what happens when that over supply becomes demand when the shorts close?  Do you think it will take 160 trading days to close or will there be big spikes of demand as shorts race to close as price spike which in turn makes people less likely to sell.

at an even distribution if you stop the 12% shorts that floods supply then if you move that to demand you net a 25% swing from sell to buy.  (Big green candles!)

this is huge we saw what a 12% swing from neutral to sell did dropping the stock from 55 to 37.  What does a reverse 25% swing do? And what if the close causes a time compression on that buy so instead of closing out in 160 days they try and close out in 40 days you now have a 60% swing to buy side pressure...

Now not all shorts will close with market buys but are hedged with calls so I don't think we'll get one of those rocket ship scenarios but boy oh boy it still should be a fun ride...

I know this is a dividend stock but at this valuation it's very much grabbing cap gains attention based on regression to the mean alone, and as wind of the short over commit circulates the sharks may look to turn on that pump machine...

what are the chances this actually kicks off a squeeze?

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