I bought RDDT at 50. Wow, it's been a rocket. Just wondering if I should sell just some of it or jeep holding.
Where do you think BCE bottoms?
BCE
- Thread starter Carvher
- Start date
Where do you think BCE bottoms?
I bought Meta near the bottom as well, still have it. I had Oracle but sold it too early.
Missed out on Nvidia as well.
Bought MSFT when it tanked, still hold most of it, sold some of it at 460. It's been treading water for awhile now.
Bought Meta it crashed after earnings. Held forever but it just kept bleeding and sold at a loss.
Bought Tesla near top, panic sold at bottom.
Bought NVDA at bottom but sold JUST before chatgpt was released and the AI craze started. Could have tripled my money.
Lesson I learned: stick to index funds. And Bitcoin of course.
Bought Tesla near top, panic sold at bottom.
Bought NVDA at bottom but sold JUST before chatgpt was released and the AI craze started. Could have tripled my money.
Lesson I learned: stick to index funds. And Bitcoin of course.
BCE $38.75 has been moving in a sideways consolidation since the beginning of the month it may be at the bottom now. The big financial institutions are buying all they can get their hands on. RDDT $128.66 may get a bounce before the week is out. MSFT $31.04 ( Canadian Hedged ) may also be in for a bounce this week.
RDDT is a new IPO so there are a lot of enthusiastic buyers for the stock. Personally I would buy at the dips and sell on the peaks on RDDT. I am not a buy and hold investor.
I own pieces of different telecoms.
BCE has a fat divvy, and sliding share price.
QBR is a good sized cel market in PQ.
Telus does ok.
Verizon has done well for me.
ATT has done well also.
Most recent upstart holding is TICO, for latin american cell carrier exposure.
Yet to make a profit, but there is a proxy war to take it private so that has goosed the share price since I bought in .
BCE has a fat divvy, and sliding share price.
QBR is a good sized cel market in PQ.
Telus does ok.
Verizon has done well for me.
ATT has done well also.
Most recent upstart holding is TICO, for latin american cell carrier exposure.
Yet to make a profit, but there is a proxy war to take it private so that has goosed the share price since I bought in .
I predicted that RDDT would go up from $128.66 in post #220, it went up to $135.04 ( +4.95% ) before going back down to $130.25. There may be a double blip this week as I am predicting it will go higher again.
BCE might be good to pickup before the next election, a new government might be more friendly to telcos WRT forcing them to sell internet bandwidth at fixed prices. With that said, Bell's expansion into the US makes it less attractive for that kind of upside.
If you are looking for a stock that may benefit from the Trump regime, try TRP. The Trump administration is friendly to the il industry and TRP is in the oil transport business.
My sleeper winner is Raytheon, RTX.
I started in this position more than 8 years ago as United Technologies.
They spun out Otis elevators, then Carrier air conditioners. I was in for the jet engine business.
Takes an awful lot of money and experience to do a jet engine start up company.
Wide Moat to competition, as Avner Mandleman would say.
Then they merged with another defence contractor.
Then war in Ukraine, recent big order to make more Patriot missiles.
I did not start out this way to be a war profiteer.
It was a way to own the part of airbus and boeing and also the maintenance needs of the airline operators.
I started in this position more than 8 years ago as United Technologies.
They spun out Otis elevators, then Carrier air conditioners. I was in for the jet engine business.
Takes an awful lot of money and experience to do a jet engine start up company.
Wide Moat to competition, as Avner Mandleman would say.
Then they merged with another defence contractor.
Then war in Ukraine, recent big order to make more Patriot missiles.
I did not start out this way to be a war profiteer.
It was a way to own the part of airbus and boeing and also the maintenance needs of the airline operators.
BCE is not a stock I would invest in as it is a snail. I have been wrong on my last two predictions on BCE, but it is showing strong signs again that it will rise ($38.14 )
Let's see if my predictions are better on one of my usual picks. SGML $19.40
Let's see if my predictions are better on one of my usual picks. SGML $19.40
I've got some of this garbage for income. Held it for years and maybe at a slight loss now considering all the dividends I've received. Fortunately it's a small % of my overall portfolio. May go down to $35 after XD day. I stopped dripping this about 18 months ago when my last Drip purchase was at $64!!! All 3 of my telecom stocks are bad but BCE is the worst!
Great question. My guess is it goes down immediately after dividend cut which will be long time holders giving up and buying more Enbridge, RBC, etc.
After that it should go up because of improved cash flow. It may become a value stock worth holding again. Even a 30% cut, it will still be paying over 7%. Crazy.
SGML went from $19.40 to $20.27, a increase of 4.53%
I am forecasting a rise from $19.60 - Friday 22, 12:00 noon
BCE is building up pressure, @ $37.53 - Friday 22, 12:00 noon
True. If I had a dollar for everytime I heard. CEO say the dividend is safe to have it cut soon after.I think management is lying to themselves when they say the dividend is safe. There will be a "oops" or a surprise and guess what....cut.
Ya, my guess is that they'll want to cut to around a reasonable 4% +/-. The stock will be better valued at that point, cash flow will be better so the P/E will be justified. IIRC it's 14-15 right now. You're fucking kidding me right?That's around RY and BCE is NOT a RY.
