Feb 8 Sell TOU $56:52 CDN 11:15 PM EST +3.12%Feb 6 Buy TOU $54:81 CDN 3:40 PM EST
* Correction the BCE stock in the above post should be in CDN $
Feb 8 Sell TOU $56:52 CDN 11:15 PM EST +3.12%Feb 6 Buy TOU $54:81 CDN 3:40 PM EST
* Correction the BCE stock in the above post should be in CDN $
TD short term : More + than -.TD has also dropped to 79ish. With it next report coming out Feb 28 I may pick up my 77 limit.
Does that mean it's a buy?Bell's debt is more than its market cap
to what? 51 and then come down?BCE gearing up for an erection! Mar 7 10:40am $49.36
Down a lot on BCE still holding.BCE gearing up for an erection! Mar 7 10:40am $49.36
I do not know to what it will go up to, I only know when it gets up there. Yes, it will come down. I am counting on it to. That is how you can make a profit on a stock over and over again.to what? 51 and then come down?
I only buy when there is a probability of profit, sell when the probability is all exhausted.Down a lot on BCE still holding.
I am not a buy and hold guy anymore. Why buy to see it go up and then down on you. Why not just buy and take the profit. Leave the losses to the U-men.Lot of opportunity cost bagholding this
Well, in non registered accounts we have the dividend tax credit. But sometimes I think it distorts our thinking.Here's my take, BCE is attractive at these levels and while the market believes their dividend is unsustainable, the key metric to watch for is FCF. From the last read of their FY report, if memory serves, it was still positive and they're able to cover the dividend.
Here's the potential catalyst...when interest rates start to fall....BCE and other defensive stocks are going to start climbing because their interest costs are going to be lower boosting bottom line and/or CAPEX budgets for future projects to generate more revenue. No one can "time' the market well anyways...so why bother. Sit back and relax on the 8% yield while we ride out some turbulence.
FYI - I pulled the same move during COVID crash on SU...yes they cut their dividend and I had anticipated that anyways. They restored and grew it from pre-COVID. Call me a bag holder I guess? At the end of the day.....if you're long-term, you're buying the business that is generating cash at a steady pace, don't expect Nvidia level capital gains.
Let me know what you guys think lol.