Volume Spike Investor

BCE, Inc. (NYSE: BCE) is about to have a crummy trading day.  Shares are getting killed this morning after KPMG issued an opinion statement that because of a decline in assets and because of the extra debt burden on a post-merger basis, it could not give a “solvency letter” by the December 11 merger closing [...]

If you have been following the BCE Inc. (NYSE: BCE) merger saga, you’ll be happy to know it looks like it is ending.  The Canadian courts have ruled that the Ontario Teachers buyout can proceed despite the bondholders’ complaints.  This has traded more than 2.2 million shares in after-hours trading today at 5:20 PM [...]

There has been some highly unusual options activity today in BCE, Inc. (NYSE: BCE).  Not only that, but it is for current run expiration dates on the puts and calls in June 2008 (expire June 20).
We have seen over 20,000 contracts trade in both the $35.00 June Calls and Puts today, so someone is likely [...]